. >> reporter: and moscow pushes interest rates to 17% trying to save the plunging russian rubel.iban gunman attacking a school in pakistan, 84 people have been killed so far. 81 of them are children. at least another 100 injured. while the school is in the northwest city of peshawar the prime minister is on his way there and he says it's a national tragedy. nicole johnston has the latest. >> reporter: a few months since they launched an attack like this, six armed men stormed a school in peshawar where exams were underway and the gunman started firing. >> translator: the firing started suddenly. we ran to our classes. there were 6-7 attackers and they were entering the classrooms and shooting students one by one. >> reporter: the army public school is one by the military and has around 500 students and teachers, a spokesman for the pakistani taliban said suicide bombers have entered the school, have instructions not to harm the children but target army personnel and he explained the attack has been launched in revenge for the military's operation in north warzistan and started si

every kilowatt hour produced by rubel's is one less reduced by fossil fuel. >> they are seeing setbacks communities across europe are unhappy to see windfarms in their backyards. there is supposed to be solar energy and it is about to go belly up. >> the controversies with the windfarms have been resolved. germany no longer needs deserttech. there is an overcapacity of renewable energy on the energy market right now in germany. >> discussing going green. paul, thank you very much. there has been another shakeup in the energy sector. vladimir putin says that a gas line to europe is going to be scrapped. he said the pipeline can not proceed as long as bulgaria blocks it. >> he made a visit to turkey after talks with the president. he said that he would consider cooperating with turkey. >> the european council new president has spoken with obama. both leaders urged russia to pull back from the ukraine. this was after taking over the helm of the 28-nation bloc. >> he replaces the retiring belgian politician. at the ceremony, the new council leader warns of difficult times ahead, politically

. >>> russian president denied being in economic crisis despite the fall of the rubele he predicted the economy could be in order again within two years at the most. he blamed western sanctions and says that the united states is the real aggressor on the ukraine. >> we are not attacking anyone, we are not war amongers, we are only protecting interests. >> putin insists his nation is only seeking normal relations with the rest of the world. it's an emotional morning in sydney australia, they brought flowers and other mementos to the massive memorial outside of that cafe. >>> and pakistan's consult general says he understands the grief on the attack on the school in his homeland. >>> and a man is exonerated -- joran stinny seen here in this mugshot was convicted of murdering two white girls and his trial is considered a public shame. his lawyer called no witnesses and did no cross-examinations, stinny was so small he had to sat on a phone book to be electrocuted. she threw out the case saying she would think of no greater injustice. >>> and now new technology, they will test a new blimp l

the rubel has been losing its value and the economy is set to enter recession next year for the first time in six years. president putin wants his colleagues to be prepared during this holiday season. >> the holidays are quite long and people have their right to relax. we have a long and depressing autumn and winter period, so holidays never hurt, but the government, the agencies, we cannot afford this long holiday, at least not this year. >> mr. putin wants to show that he is in charge in tackling the faltering economy. he is confident the crisis will be over in two years. much depends on oil prices and any future sanctions by the west. >> 10 years ago, the deadliest tsunami in recorded history struck in the indian ocean killing over 225,000 people acing another 1.7 million. reparations have been taking part in the region. this is a grand mosque, one of the worst areas affected by the tsunami a year ago. thousands of muslims gathered to pray for and remember the victims. >> the procession makes society remember the tsunami and be thankful that they are safe. the tsunami destroyed the

now, the russian rubel continues to plum et under the twin pressures of historically low oil prices andorked hard to implement. the russian government is warning of a recession in 2014. a clear mandate against the president's health care law. health care.cov continues to sign people up. an unpres dented decline. in every major issue, president obama has been attacked on in the last year. he's kind of crushing. i'll see if hi gesz can agree next. >>> we're back. boy: once upon a time, there was a nice house that lived with a family. one day, it started to rain. the house tried to keep out all the water, but water got inside and ruined everybody's everythings. the house thought she let the family down. they just didn't think it could happen. they told the house they would take better care of her... always. announcer: protect what matters. get flood insurance. >>> we're back. here with me now, josh barro. i feel like this is my feeling about in some ways, the last four weeks, it's sort of a microcosm in which there is this asymmetry where there's a mood of panic and disaster. it's barack o

. >>> from the rubel to the money in your wallet tonight. here in washington, stutough questions after taxpayer dollars, your dollars, were spent on a nasa project that never took off. we're talking $350 million. behind that scaffolding tonight, a rocket testing tower sitting empty. and now, get this. we're paying to maintain it even though it's empty. so, tonight, we go to find it. abc's jim avila reporting, it's your money. >> reporter: this is the rocket tower to nowhere, as it sits today in mississippi. price tag, $350 million. standing proud and ready to test, nasa engines. powerful enough to propel man to the moon and mars. >> 21 million horsepower. >> reporter: there's only one problem. nasa canceled the rocket it planned to use to take man to the moon and-mile-an-hour and . but come ordered to keep building the test tower anyway. not only that, they ordered nasa to keep it in working condition, at an additional $700,000 a year. >> as an example of government programs that are dictated to congress, purely for their jobs. >> reporter:

--rubels -- rubels. -- >> amazing. let's talk about musical chairs or changing the tires. bmw.pproaching each other. we had a lead designer from bmw going over to vw. they are approaching each other. it is a brand is at better productivity and profit margin. 6%-7%.nt to get to they are just at 1.9% last year. she which challenges their. -- q which challenges their. they are bringing in of fresh blood. story.inating a really big change. really changing. thank you. hans nichols joining us from berlin. coming up, cyber security and the cloud. google has entered it was to take stores to a higher level. how will you offer better security for your data? lose the to the h -- we will -- we will head speak to the of the global computing sector. head what we are seeing is a significant drop around the world. -- what we are seeing is a significant drop around the world. down 3%.t moore earlier on. athens, the story of the snap elections for the presidents. the snap general election for stocksernment's sending down. tesco taking the shine off the ftse 100. a story across the continent. equ

near --rubel very ruble very near a 60 print. ♪ here, part holiday sense looking around at some of theof the market, economics. then there are telling moments, let it go, let it go she stood on the stairs and looked down it clark gable and said let it go, let it go. >> that is the worst southern accent i have ever heard. you should be ashamed for what you just did. fear that tom keene has lost the south for a generation. are talking about this, 75 years ago today, the theater in atlanta opens for the premiere of gone with the wind. streets andned the clark cable was there and so was vivian lee, the actress who today helped define the american south. witness, i'mmy going to live through this. i will never be hungry again. if i have to lie, steal, cheat or kill then god is my witness, i will never be hungry again. that's really got elsa from? >> yes, that is her holding a a for after the war -- real film, that is before the intermission. the film is screening today at the gone with the wind is he him and marietta -- there are a lot of reasons why this film has an doer and it is part of t

rubel thinks about that. dollar ruble up 4%. russianows for the currency. we will talk politics in two. >> welcome back. down avoided for now. the u.s. house of representatives approved a 1.1 trillion dollars spending bill that keeps the government open september. the white house supports it some democrats are mad. in's get to hans nichols berlin. he covered washington for many years. one high-profile supporter of the bill is jamie dimon. i wonder why. >> here is what the bill is. let's do the overlying numbers. one point one trillion. it keeps it through september, passes the house, needs to clear the senate. they inserted the egg on the push -- something on the push out provision. this required banks take the riskiest assets and have them not be backstopped by the fdic or the federal reserve. the bank wanted to rectify that. they are successful in attaching that to this overall spending bill. democrats cried foul. they are quite upset. jamie dimon is supporting the , as is president obama and white house chief of staff. the overall vote passed with republ

. >> now, the russian rubel continues to plum et under the twin pressures of historically low oil pricesed hard to implement. the russian government is warning of a recession in 2015. a clear mandate against the president's health care law. healthcare.cov continues to sign people up. >> in every major issue, president obama has been attacked on in the last year. he's kind of crushing it. i'll see if guest agrees next. [ breathing deeply ] [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. now we invite smokers to quit, too, with our comprehensive program. we just want to help everyone, everywhere, breathe a little easier. introducing cvs health. because health is everything. introducing cvs health. i make a lot of purchases foand i get ass. lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services

and, rubel route. can russia weather the storm?

now, the russian rubel continues to plum et under the twin pressures of historically low oil prices andt. the russian government is warning of a recession in 2014. a clear mandate against the president's health care law. health care.cov continues to sign people up. an unpres dented decline. in every major issue, president obama has been attacked on in the last year. he's kind of crushing. i'll see if hi gesz can agree next. [ female announcer ] a 3d white smile has the power to captivate. [ all cheering ] ♪ that's why shakira uses... crest 3d white with whitelock technology, removing up to ninety percent of surface stains, and locking out future stains. so your smile always steals the show. and to get even faster whitening, use this collection for a whiter smile in just 2 days. crest 3d white. life opens up with a whiter smile. crest 3d white. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, s

the rubel has lost more than half its value. millions of russians had seen an increase in their standard of living. a boom in oil exports boosted their economy over the last decade. >>> jim harbaugh talking about the offer of a new job at his alma mater at the university of michigan. >>> but up first, in the world, a double amputee controlled two robotic arms with only his mind. how doctors made it happen. >>> looking north, we see clouds thickening in the northern sky. in a matter of hours, rain will accompany those clouds. >>> we take a live look at the traffic cam in san jose. traffic is pretty standard here. 101 south on your right-hand side, that's where you see the backup northbound really light traffic. over the top you see that is 880. we're back after a short break ♪ ♪ ♪ ♪ [ female announcer ] get your taste of the season, at raley's, bel air, and nob hill. >>> an incredible discovery will make one family's christmas more special this year. >> they've been identified as the christinei family. >> they've taken a vacation

from one economy to its max, the russian rubel bailing out its first bank amid the crisis.essure gave the united states the leverage to normalize relations with cuba just last week. we're back with our roun table, dav david, michelle and zeke. i've seen people who are really good people having one tough challenge after another in life. and i'm looking at you now. you've got a mixed experience. >> it's a two-standing marriage. >> i do believe that the president, an example of this, is the gas price then. he may have had nothing to do with it. god has made people feel a lot better about life in this counsel trif. >> let me able salutely. david was absolutely talking about it. the program, the president is on a winning streak. he's got luck coming his way. what has happened in terms of oil prices at home and abroad is fantastic news for the president and for the country. you love filling up your gas tank now. more importantly, or may believe more importantly, look what it does to russia. the interest rates are going up 17% this week? we're sort of breaking russia's economic ba

in it he assured russians the economy would recover within two years and the rubel's dive -- and whetherpresident in 2018. what's stopping him. >>> colorado police got an explosive surprise finding two homemade pipe bombs in an apartment complex. officers were responding to report of explosion when they found the bombs. the complex resident a 33-year-old, was arrested for possession of explosive device. >>> former president jimmy carter weighed in on yesterday's historic deal this morning on "morning joe." >> for a long time i've said the best way to bring democracy and freedom is in small incremental steps, to have full opportunity for americans to go there, to trade, to invest to let the cuban people see clearly that we're not the villains in their economic plight. >> more on the historic deal. and joy reed sat down with eric holder. what he had to say about recent protests and law enforcement relationship with minority communities. >> we're not at a stage at war i can honestly say, truthfully say if you are a person of color, you should not be concerned about any interaction that you

. >> the rubel losing half of its value to the u.s. >>> good morning. welcome back to "knew day." i'm chris cuomo coming to you from miami's little havana district. we have seen so many people here coming with such different perspectives on the historic announcement that president obama just made. largely it's along generational lines. old-school cubans forced to leave everything and everyone behind thinking how can you reward this regime and a younger generation saying, is. >> a better way forward? nothing seems to change there. we're going to give you the reaction from havana to here to washington. back to you. >> we are tracking today's other big stories, including the fallout from the cyberattack on sony. north korea is being pointed at as the release of the new film "the interview". >>> and vladimir putin is addressing its growing crisis and the future of his presidency. first, let's head back to miami and chris. >> mic, thank you very much. little havana is a huge population center for people of cuban descent, whether they were m

. -- rubel. we need to go to moscow. we need to go to berlin. expect the unexpected. expect the massive intervention. that is never unexpected. todimir putin intervened protect the ruble. the people of russia will suffer. the oligarchs will survive. they will pick up and move. berlin.nichols' forget about the kremlin, forget about the oligarchs, what is it mean to the people? >> there is a sense of panic. outside ofe queues exchange booths. for most people, this brings back memories of 1998, when you had huge devaluations and default on russia's debt. they don't see the policy actually doing anything about it. >> this is very sensitive and they don't want to put you in an uncomfortable position. what about the fragility and future of the russian banks? can you give us any reporting on what they are doing right now as they respond to a 17% yield? sectoran, the banking has been experiencing difficulties for some time now. this is one of the things that people were predicting. risking things in the banking sector. it is a bit early to say what the impact of that rate hik

and, rubel route. can russia weather the storm? welcome to "the pulse" live from bloomberg's european headquarters in london. a big day of news in the telecom space. up anothereing asset. here with more is caroline hyde. this could be the winning offer. >> they have upped it by 5%. it seems to be sitting that private equity companies have been involved as well. , thepatrick drahi billionaire behind altice is over offering. he says, overall, it is related to a 500 million euro extra bid in terms of future revenues. people like patrick drahi's style. 20 years ago, he started altice, now france's biggest cable company. he bolted on and bolted on and now they are a huge player. they like the idea that he wants to get into portugal even more. he is looking at telephone assets to add to the cable assets he already has in portugal. iserally, this is a man who dealing, making it work. investors like it. >> this would be a better deal than oi had previously. >>o this is unraveling another m&a that happened last year. oi is brazil-based. the

the rubel has to climb dramatically and continues to evolve, has been today. how fragile is russia what kind of threat does its fragility posted the global economy? >> i think it poses significant threats but not just from an economic point of view. if you were to ask me what i'm concerned about at the moment certainly the geopolitical threat created by the current endeavors and i'm putting endeavors with an s of russia is high on my list. the burden that it is taking as a result of the price of oil going down is adding to their fragility and vulnerability and they know it. so it remains to be seen what the action will be but it is certainly something that is an add-on to the ruble depreciati depreciation, to the sanctions actually affecting the russian economy as well. you have now three factors at play really operating on the russian economy. >> do think the imf is going to need to be looking at what's happening with some of these energy and net exporting countries? are we seeing whether it's in the opec countries is there going to be in need do you think fo