, nissan, and nissan-renault. adieu, i willer and y give it to today's discussion. >> thank you very much. thank you carlos for being here. we should start with electric cars. there is no one in the world to has been as big of an a proponent of electra cars as you. you have invested billions of dollars ramping up 11 factories in eight countries. wired magazine said you are either a brilliant visionary or you are crazy as a loon. which is it? why electric cars? collects every time you face a challenge you are dealing with that. the statement i have had them for all my career. the last time i had them was when we had the alliance with nissan. s we got, of statement if you have $4 billion and you want to throw them in the ocean, it to be better to put them in nissan. you are always considered as thinking foolishly. let me go back to the elector carl. -- car. we have gone back to this. we have been held as an industry, as extremely conservative this sticking to our short-term interest. there is an interest today, it t

renault-nissan alliance. nissan is above 8% of the u.s. market. for someone who travels across continents several times a month in his corporate jet, i think carlos has no anxiety. you probably know that the nissan is the first zero emission volume car produced in the world. in investment of $4 billion which means he has no anxiety about the future of this technology. the last thing you probably all know, carlos is very smart. in 1990 when he was the ceo of another company, he required an integrated goodrich. it was a very successful and i think he decided never to do it again. he made sure he did not fully integrate so that he could be the ceo of three companies. renault, nissan and teh renault- nissan alliance./ without further ado, let me hand off to alan murray, deputy manager of the "wall street journal" who will facilitate today's discussion. >> thank you very much. [applause] javier mentioned electric cars. there is really no one in the world who has been a big proponent of electric cars. you have put

it is little comfort that rival renault is not doing much better. >> india has a new head of state. >> he has been sworn in as the country's 13 president. hundreds of proletarian is where there to welcome the new president, who belongs to the governing body -- hundreds of parliamentarians were there. >> london is making last-minute adjustments before the world's biggest sporting event kicks off. the summer games start on friday. >> fans are already embracing the athletes they will be cheering for. >> in germany, they include an aquatic couple that hopes to bring home some top metals -- medals. >> they are germany's swimming sweethearts, but in recent months, the couple has been training separately. now they are both hoping to win gold medals. >> i want to get out of the pool at the final and be able to say that i gave it all i could, that there was nothing left in me. then i can be content whatever the result is. back after winning two gold medals, he is relaxed ahead of the lending games. >> i have the reassurance that i have already won the gold, and for the rest of my life, no one

the russian billionaires renault of a group or a are they say that they will officially offer to buy half of b.p.'s stake of twenty five percent and thus gaining control over the company's shareholders have been a long dispute over investment projects in russia namely after the north street gas pipeline. over on the currencies markets the euro continues its fall against the dollar we're now seeing levels worse than before that productive e.u. summit two weeks ago with the euro dropping now sixty points the russian ruble is in line with that trend it's losing value against the dollar and slightly against. slovenia says an e.u. bailout can't be ruled out of which one has one of the weakest banking markets in central and eastern europe the country's finance minister added the bailout will only be needed if their lenders problems get bigger. and one hundred seventy two economists have written an open letter to anglo merkel saying that the chance of those opening germany up to huge unknown debts in other e.u. states where agreeing a banking union this is merkel dismissed economists fears

if, for instance, you own shares in, let's say, renault or in fiat, you still have to pay taxes. >> no >> you have to disclose that in the united states. >> no. you don't. you don't. these are called tax havens for one reason. in the cayman islands, you have money in the cayman islands, you are not paying u.s. taxes. he is lying. you've got money in your tax haven in your bedroom you'd a, you are making money you have money in a swiss bank account, earning interest, maybe investing it and making more money, you are not paying us taxes. mitt romney is lying to the american people. and it gets to the point that he says he doesn't know where hez money is? we are supposed to believe that? i don't care. anybody with a lot of money is working with brokers or whatever. and those people do maybe make independent recommendations about where to invest their money. but, you don't -- they don't open a swiss bank account, a tax haven in the cayman islands and a tax haven in bermuda for somebody who is running for president of the united states and not tell them about it? because that has huge polit

nothing once much about the ruble by the way so a russian car maker after this has helped actually renault nissan make a four million euros and that was in the second quarter of two thousand and twelve and i want to go back to the euro zone and talk about the u.k. british prime minister david cameron the hopes that the olympic games. get back on track but sadly as i mentioned earlier historically they almost always leave the host and. true with financial troubles greece spends billions to make the two thousand and four games a success but now its economy is collapsing and that's one of the thing about viola banks is that it increases foreign trade by an average of three percent. and stay with us wars the moment it's about fabio capello now who is now of course the new coach of the russian national football team and never has been discussed in his salary quater lawyer will reportedly or earned over five million euros per year and of course he signed contract and now it's the skull and brain what that entails and why he censor and other than the money and all the benefits here. fabio capello

renault's stock up 4%. sticking to its earlier forecast despite slump in demand hit profit. the oil major, total has a 1.5% rise. anglo-american down 3%. less positive story here for the miner. it saw the profit slumping 40% in the first half. speaking first on cnbc, it was warned the cost outlook remains unpredictable. >> the market is very volatile. it's uncertain. on the other hand our mission is to be on the low end of the cost curve and virtually all of our businesses are in that position. so we can ride out whatever the market presents to us. >> meanwhile japan's latest core cpi data shows the economy is mired in deflation. the unexpected 0.2% dip is the result of weak energy prices and slower income growth. data is expected to add pressure on the boj to ease monetary pressure. sales were up for the seventh straight month. so to help us pair this data let's get back to tony nash. deflationary report on one hand. retail sales are up. unless it's all volume, what's going on in japan? >> well, in japan you have a weak labor market. not a high unemployment rate necessarily

for instance, if you own shares leslie in renault or fiat, you still have to disclose that and pay taxes in the u.s. the president is going to try to do anything he can to divert attention from the fact his jobs record is weak and is no plan to make things better. >> for more we're joined by investigative reporter, nick shaxson, whose new article for vanity fair magazine is what began this latest round of questions about romney's taxes and offshore accounts. it is called, "where the money lives." nick shaxson is also author of, "treasure islands: uncovering the damage of offshore banking and tax havens." he is joining us via videostream. welcome to "democracy now!" tell us, where does the money live? >> good morning. really, my article explored a series of questions. there is a lot of information available, but his ninth -- he released a tax return, so there is a certain information out there, but it is generated a lot questions. there are investments all over the place in the u.s. and overseas. there are a number of investments routed through tax havens. you have to do a bit of digging

and renault that his car was parked nearby in the back.to six area hospitals, university of colorado hospital, swedish hospital denver health, rose medical center, the medical center of aurora, children's hospital and parker adventist. we are not looking for any other suspects. we are confident that he acted alone. however, we will do a thorough investigation to be absolutely sure thats that the case. but at this time, we are confident that he acted alone. during a shooting in the one particular theater, theater number 9, some rounds dehn penetrated into an adjoining theater. and we know at least one person was hit inside the adjoining theater. the suspect was dressed all in black. he was wearing a ballistic helmet, a tactical ballistic vest, ballistic leggings, a throat protector and a groin protector and a gas mask and black tactical gloves. we had over 50 detectives respond to the scene, including the 150 to 200 police officers and deputies and over 50 victim advocates to work with family members. and all our federal partners are here a

the renault's with the powerdent of the president is to appoint judges if he appoints a elena kagan thatthatw will control the country over the next 50 years. we cannot afford that. are you ready for the election? [laughter] [applause] . . >> all right. from the very beginning, tell me a little in a nutshell what is this book about? >> guest: well, the book is about many things, but primarily what it's about is an examination of black politics in the age of obama, and one of the curiosities that really motivated me to write this book is actually a piece that was written in the "new york times" magazine during the summer of 2008, and the title of the article was the "end of black politics," and it provided this general explanation about why is it that you see this crop of black politicians who are running in political campaigns, and so for someone who was writing on the issues for more than a decade, i think i wanted to have my say, and so in this book, what it's really about is providing a historical cop -- context to the rise of barack obama looking at the strategies that rationally neutral

there's nothing -- if, for instance, you owned shares in let's say renault or in fiat, you still had to pay taxes, you still have to disclose that in the united states. >> the president campaigned in iowa today, which he won in 2008 by ten points, but is now running tied with mitt romney in the polls. mitt romney campaigned in colorado, which president obama won in 2008 by eight points and where president obama now has a lead over mitt romney in the polls, 49 to 42%. and with just 119 days until the election, a new "washington post" national poll finds the two candidates tied at 47. and a new reuters poll has the president leading mitt romney by six points, 49 to 43. it seems the romney campaign has decided he cannot win, running as a republican, so he is now trying to appeal to independent voters by running as a new democrat. a bill clinton democrat. >> bill clinton called himself a new democrat. he put that behind him. he believed in smaller government, reformed welfare as we knew it, and tried to get the economy going with trade and other provisions, lowered taxes. look, new democ

if you own shares, let's say in renault or fiat, you still have to disclose that and pay taxes in the james henry? prexy is not alone. basically, you're looking at behavior that is engaged a lot of mitt romneys, essentially, the u.s. is facing a stark choice in this election between the first president in history who has had the offshore accounts like this. a lot of us who are tax experts and not necessarily democrats, by any means, just wonder what the heck is she hiding there? there must be something. john mccain released 23 years of his tax reports. romney is still stopping with 2010. if there is no problem, just released the returns may go i want to go more to mitt romney's, the issue of his hidden wealth. he was speaking to "face the nation" and senator dick durbin of illinois challenged mitt romney's to be more transparent with his finances. >> mitt romney has failed to make an economic disclosure that every president and candidate for president has made in the last 36 years. it goes back to his father who disclosed 12 years of tax returns. he disclosed one. his the first and on

renault has cut production and nissan will raise production by consigning tens of thousand of units annually. it hopes to benefit from south korea's free trade agreements with europe and other countries as well as the recent depreciation of the yuan. nissan president will visit south korea tomorrow to announce the deal. meanwhile toyota chairman of japan's automakers said the yen against the dollar will be tough on the sector even if it weakens to around the 80 yen level. toyoda is concerned that falling sales after government subsidies for eco friendly cars end next month. that's all from nikkei business report. back to you. >> thanks very much. >>> we're just getting some more news out of syria. clashes erupting marry the syrian government headquarters in damascus after rebels attacked. what's happening is now we are getting clashes in damascus. a lot of people considering maybe the end is getting closer for the assad government. >>> right. we're just looking ahead to this spanish auction. peter chatwell joins us now. peter, thanks for joining us. what sort of yield are you expecting? we g

randy, nashville, tennessee, renaults, what do you say?, first time caller to any talk show. >> my god. mine is more of a comment. i am going to tell you my comment. and i will let y'all comment on it. i just talked to my mother earlier. she lives about 100 miles from me i was asking her if she was watching the olympics. she said, no because it's just what they are talking about, the comments commentating and interest is so different now. i am 47 years old to put you in perspective. during the bruce generaler days we salaried up to the t.v. and watched gymnastics and buddy that was the most amazing stuff that you could watch. now, american.com, american idol, america this, that. by the time you get to the olympics, it's like, hey, so what? it's so commercialized, it seems like it takes away. we have so much on our place with a cell phone and twitter. it runs over to the politics too. i love hearing from you randy. you call and keep going. i still love the olympics. >> this is the bill press show. [ music ] current tv, it's been all buildin