rupert murdoch. the woman in the gray i'm not sure who she is. she was sitting to the left op of wendy dang. michelle is with us now. is this ovenly some type of protesters coming in to disrupt this and create a true embarrassment to rupert murdoch by delivering a pie in the face? >> we guess. we're basically looking at the exact same pictures that you are. and we're seeing a feed from all over sources here in the uk. it's the same picture so far. it does look like he had smm something in a tin in his hand and then it's all over himself. you assume he was trying to throw a pie possibly in rupert murdoch's face. you never know was there something else dangerous involved surrounding that. there was tight, tight secure of course going in there. how he got that much in there. maybe it was shaving cream in a tin, who knows. we're watching this unfold right now. pretty shocking after so many hours of testimony that's really been gripping not only the uk but obviously the u.s. and elsewhere as well. for thi

>> rupert murdoch is a bit like king lear, and he is rather surprised how it has turned out. the tension between james murdoch and elizabeth murdock is one of the stories. another is the way that rebecca brooks. and then you have the slightly unexpected situation that comes about because of that. >> you claimed they had made a major mistake. can i ask what mistake you were referring to? >> one of the thing about courtroom drama, there is the unexpected hero. in this instance, it was tom watson. one of the other features was the long pauses, and pauses in theater tend to be associated with chekhov and harold pinter. these were softened daunted -- these were self indulgent beyond that point. >> we spoke to a lawyer who worked for robert maxwell's sons when he faced and p.'s in the 1990's. >> to me, the most electrifying moment was james explaining the situation up until recently in trying to find a rationale for justifying it, and frankly failing miserably in that way. >> i know that certain legal fees were paid by the company, and i was surprised and shocked to learn that, as y

company and i was supplied and shocked to learn that. >> how different today was from the days rupert murdochas feted by -- prime ministers. his children, he said, used to play with gordon brown's. what about the current occupants of number 10, never photographed with mr. murdoch. >> you went through the back door of number 10. >> yes. >> why would that be? >> to avoid photographers, i imagine. i don't know. i just did what i was told. >> he was looking relaxed then. but then mayhem, as it turned into a circus. >> nick, what can you tell us? >> i was sitting just a few feet away from mr. murdoch and it was just a half a second before he was hit in the face with that plate of what i assume was shaving foam. the foam was delivered by a member of the public and rewarded with a right hook from wife wendy. the police arrived sometime later. it's the type of story rebecca brooks would have loved when he edited the sun or "news of the world." now the exchief followed the murdoches into the committee room and matched their contrition. >> it seems like you were so unaware of such fundamental issues --

those allegations have done quite as much to damage rupert murdoch's reputation as they've done to "news of the world's" stock. it's been plummeting. >> the company's become the target of a hack attack itself. lulzsec is claiming a hack attack with a fake story about murdoch being found dead in his garden. in a tragic turn one of the first journalists to expose hacking at "news of the world" was found dead on monday. sean hull was former "news of the world" employee. police say his death is unexplained but not suspicious. hacking allegations led to another resignations, from london's metropolitan police force, john yates has followed. >> we in the police service are truly accountable, those of us who take on the most difficult jobs clearly have to stand up and be counted when things go wrong. however, when we get things wrong, we say so, and we try and put them right. >> yates and stephenson will both be appearing before members of parliament later on but the focus will be firmly fixed on the murr docks and rebekah brooks. atika shubert joins us live from outside the houses in london on

in many respects we know rupert murdoch and he's the most celebrated witness here but james murdoch isy respects the key figure today because rupert is at 80 years old cares most about keeping the company in the family. >> we'll be watching closely as you will as well. thanks, jeff. >> we'll be on it all day. >> we want to know what you think about the situation as well. e-mail us, give us a tweet or tell us on facebook and wael read through some of your comments later in the show. >> still ahead, live coverage continues of the phone hacking scandal rocking britain and beyond. you're looking at paul stephenson. britain's top police chief until he resigned on the 17th. where will media mogul rupert murdoch say when he faces questions about the scandal. brian todd has a look. >> also ahead, a secret meeting with moammar gadhafi's regime. what was discussed and could this be a step toward gadhafi's exit? >>> a radioactive beef scare in japan. we'll tell you about what to look out for and what japanese are doing about it. it's 40 minutes after the hour. and he gives me a variety of options

but it's rupert murdoch that has sidestepped all of these issues and now i think he has left the course and to basically rule murdoch is annoyed with david cameron has now got the media chief that cameron selected into deep water. if cameron thinks the rupert murdoch is just going to lay off the british prime minister now i think you'd be being naive we can expect some pretty serious stories in coming weeks that will try and upset the british government here but this isn't just about politics this is also about as you mentioned earlier the links with the british police force with british law now this is this is going far deeper than a journalist. a journalist scandal isn't it this is going far deeper i mean some say that rupert murdoch has debased civil life for so many decades but now we have scotland yard a name that is internationally recognised routinely it seems take bribes they initially were supposed to inquire into this phone hacking scandal where you hack into a phone for a celebrity or a dead british soldier or a murder victim and here we are hearing that the police botched up

bernie kerik was also a tool of rupert murdoch. g would stop bernie kerik from doing anything murdoch or his lieutenants wanted him to do. bernie kerik was and is a criminal, and he was rudy giuliani's choice to be the police commissioner of the city of new york. there is no doubt tonight that bernie kerik is at the top of the list of people the fbi is going to want to interview in the investigation into what exactly murdoch's phone hackers may have done to the families of 9/11 victims in new york city. and if the fbi can find any dirt on bernie kerik in this case, then kerik will crack and tell them everything he knows about rupert murdoch and his empire. if murdoch needs kerik to stay quiet, then he needs to find a way to get the word to bernie that murdoch can do more for him in whatever is left of his future than the fbi can. murdoch and his new york team know how weak bernie kerik is. if they have to count on him to keep their secrets, they must be very, very worried tonight. >> my choice ultimately was and is bernie kerik. ber

rupert murdoch owns 12%. the prince owns 7%. what is more, he is far richer than rupert murdoch. rupert murdoch is said to be worth $7.5 billion. the prince is said to be worth $20 billion. i met the prince on an upper deck of his yacht. >> we hope that as this thing unfolds, the truth will come out. it is very important for me and my company, who are investors in news corp., to get this in order. ethics to me are very important. >> some terribly unethical things have taken place. hacking into the telephone of the murdered teenager. hacking into the relatives of british soldiers who have died in action. these are awful things. >> these are the problems of one newspaper, not of news corp.. the news of the world was shut down. unfortunately, the tactics used by tabloid newspapers are used by other tabloid newspapers also. >> james murdoch is in an uncomfortable position. either he knew what was going on and did not tell authorities, in which case he is perhaps liable for criminal prosecution, or he did know, and as a manager, he looks like he was not in control of his own organizat

but rupert murdoch just carried on. he reminded us he had 200 papers. he's been in the business 57 years. it is a foolish person that actually thinks murdoch's down-and-out. >> yeah, he mentioned today at age 80 works 10 to 12 hours a day. we'll talk about this man behind the empire in just a moment. richard quest, i appreciate it. thank you so much. what a day for you all in london. we've been watching rupert murdoch face very tough questions but the news corp. stock seems to be faring pretty well today. looking at the numbers which may be surprising to some given the coverage today, what does this mean for news corp.? >> reporter: well, we watched news corp. shareholders do pretty well today. shares are up almost 7%. that's after the broader markets rallied as well. i guess shareholders see it as murdoch did okay today in front of parliament. it hasn't been an easy ride for news corp. heading into today's session news corp. shares tumbled 17% since july 5th so that works out to about $8 billion in lost market value. the impact on the stock actually has

her the current editor of the news of the world rupert murdoch said to her you have to keep this paper in high circulation around four million copies a day and you have to do it by any means possible so it's almost like he was giving the green light to that from the very beginning we don't know that of course and also is this an isolated instance is tapping into hacking something that goes on throughout news corp and is it an isolated incident with the news corp or are there other newspapers in fact in the u.k. who engage in that kinds of those kinds of behaviors those are the questions we should be asking. the world for more insight on the story let's talk to journalists in return so he's also in london thanks for being with us. is this simply about the news of the world or the war and implications here. this is really an international story you know i have to trip over the red carpet from the harry potter premium but it's another film citizen kane that really comes to mind here because this is a story about rupert murdoch not about rebecca brooks the former editor of the news of the

story,eturn to our top the phone hacking scandal that is engulfing the rupert murdoch media empire here in the u.k. there was an article headlined "murdoch's watergate." thank you very much for joining us. >> the story has a question mark at the end. this is about a massive abuse of power, just as watergate was about a massive institutional abuse of power from the top down. what we are seeing here is astonishing and unprecedented, the hacking scandals shaking rupert murdoch's empire. none of us should be too surprised, because the standards of the bottom end of though murdoch stable has always been evident, but i think we are shocked, nonetheless, to see hello people who call themselves journalists regius see how low people who call themselves journalists will go, acting like thugs and criminals. >> there is nothing to suggest that rupert murdoch knew about the finer details of these allegations and knew that these practices were taking place at the news of the world newspaper here in the u.k. having said that, what impact do you think the scandal will have on his business? >> let's dea

somebody tries to pie rupert murdoch. describe the scene as you recall it and especially i would say a rather feisty defense of mr. murdoch by his wife. >> oh, i mean, well, we're watching from the back. the picture -- all of a sudden, the noise. you see this woman in pink launch herself, going to give somebody a right hook. you then see james murdoch get out the chair like this. now, at first i couldn't tell whether mr. murdoch sr. had been hit. you can then -- in later pictures if you look close, you can see the foam. more than one person suggested that, you know, this could have been a brick, it could have been, you know, nails, it could have been much more serious. you have to bear in mind if it had been anything like that, it wouldn't have got into the room. we don't know how he got in with some shaving foam. he could have said he was just been home doing the weekly shopping. who knows? it was serious, but not because it could have been a much more vicious attack. it was serious because it was a disgrace. because any

is the day rupert murdoch and his son did not want to see. they were summoned to answer questions about the scandal that rocked the country, allegations of widespread criminal activity by reporters at murdoch's now shuttered tabloid "news of the world." listen to this for a man infamous for his arrogance and ruthlessness. >> this is the most humble day of my life. >> reporter: rupert murdoch born in australia, age 80, an american citizen, presides over a global empire with $33 billion in revenue. he's the boss, but the buck does not stop witith him and he is n planning to step aside. ? because i feel the people trust trusted, i feel i'm the best to -- >> reporter: at his son james, an american citizen, runs company operations in europe and asia. when he was younger, he was the family rebel. now if he can hold on, he'll take over from his dad. >> if i knew then what w we kno now we would have takenore action around that and moved faster to get to the bottom of these allegations. >> reporter: it was james who did most of the talking. coming to

rupert murdoch's already shaky. public fury over the case challenges the future of britain's newspaper industry. they've got to take no they've got to take a chainsaw to government spending and do something about it calls for the u.s. to cut spending and threats to the country's credit rating might be downgraded if will make us fail to raise america's debt ceiling as more. economic crisis. one hundred thirteen bodies have now been recovered from the water. disaster on the volga river while divers and continue efforts to find a still. warm welcome to you this is the light from moscow i'm. a former executive editor of the disgraced news of the world newspaper has reportedly been arrested over the phone hacking scandal british pressing the rupert murdoch to face questioning of a continuing allegations that several of his newspapers were. voicemail hacking and bribed senior officials but he's a lawyer and reports the media mogul's read rise over the decades was littered with red flags warning of what was to come. rupert

phone hacking scandal rocked rupert murdoch's already shaken. public fury of the case challenges the future of britain's newspaper industry. calls for the u.s. to cut spending and threats of the country's credit rating might be downgraded if lawmakers fail to raise america's debt ceiling that says more e.u. states plunged deeper into economic crisis plus. initial investigations into the sinking of the belgariad point to negligence that the tragedy could have been avoided. and made an investigation into sunday's pleasure cruiser disaster as divers continue to retrieve bodies from the would be death toll now standing at one hundred thirteen. with news and comment from around the world this is r.t. live in moscow twenty four hours a day with a rapid change of heart rupert murdoch and his son james have now confirmed they will give evidence to a parliamentary committee investigating the u.k. phone hacking scandal this comes hot on the heels of earlier reports that they declined the summons it's alleged that several of murdoch's newspapers were engag

>> he said yes, i'm in charge of this company. >> somebody jumped over to, i believe, get to rupert murdoch. >> somebody with a pie, wendi murdoch leaped past her husband. >> she's feisty, i've met her. >> if i remember correctly, that looks like a spike. >> you can always say with glitter. >> as the deadline for raising the debt ceiling grows closer by the day, house republicans chose to spend this day in debate and on a floor vote on a bill that the president has promised to veto if it somehow miraculously passed the senate, which it won't. republicans are calling it the cut, cap, and balance bill because it drastically cuts spending, then caps future spending and guarantees future balanced budgets through a balanced budget amendment to the constitution. that amendment would also require a 2/3 majority to raise taxes. it was a symbolic debate over a symbolic bill that will never become law, but you couldn't tell that from watching the action on the floor. >> the gentlemen from maryland loves to talk about those corporate loop holes. he loves to talk about corporate jet owners and the kind

rupert murdoch. old is the world. here is the guy who successive prime ministers have been paying court to, have been going to his parties, inviting him to their parties, listening to everything he says. it was said to me, the way we would tailor advice to ministers would be to factor in what rupert murdoch and what news international newspapers would be saying. that was advice to ministers. this was the sun king they all worshipped at. today, the pauses that he had before he answered questions, rupert murdoch, would have made harold pinter proud, had pinter been alive to see it. they were extraordinary. this was the emperor who no longer had his clothes. >> okay. now, before we come back to you, stay with me, michael. stay with me, michael. i want to show, proving there's nothing like seeing it again and preferably when you can see it even slower, let's have a look at the slow motion replay of the incident that took place, and you can make your own movement. there you are. there we are. so you see j

>> a man armed with a shaving cream pie attempted to sop rupert murdoch with it, and james murdoch seemed stunned but rupert's wife wendi murdoch went angry after the protester, and the meeting was a halt, and then resumed with murdoch taking off the soiled jacket. when rupert murdoch and his son james were done, rebekah brooks who you were just watching, rebekah brooks was on the hot seat, and joining me live from london is michelle ckosinski, ad this day started off with rupert murdoch mobbed by photographers as he prepared to testify, and before we talk about rebeckah brooks and what she had to say, there was a lot of buzz on rupert murdoch being humbled by this, but not taking responsibility for what was happening with the company he owned. >> yeah, that was interesting. i mean, he said, yes, i'm in charge of this company, but this is an enormous company, and the "news of the world" is less than 1% of it all and i don't have that much involvement in the day-to-day workings of it and neither does my son here james. and they said basically they didn't know anything about this, and when

rupert murdoch agrees to face a grilling by the u.k. parliament over phone hacking allegations while in the u.s. the f.b.i. begins its investigation into claims that news corp journalists tried. voice mail of the nine eleven families. america's been running on debt for years this is a disaster in the making i would liken this situation here to a cancerous tumor inside a body credit downgrade hangs over the u.s. says a moody's a ratings agency threatens to knock the glitter off the country's aaa position as the eurozone. slide introducing tough spending cuts. initial investigations into the sinking of the belgariad point to negligence the tragedy could have been avoided heavy lifting equipment arrived at the scene of the pleasure ship sinking on the river volga as prosecutors make the first arrests over the tragedy that claimed more than one hundred lives. bringing you the top news headlines and commentary from around the world this is our team had with us the sick look at your top stories rupert and james murdoch can . given in to press

another day and yet more extraordinary revelations in the hacking scandal surrounding rupert murdoch's media empire. first came a story that the news of the world reporters tried to buy top-secret information about the royal family from one of its protection officers. in a separate case, another murdoch paper is alleged to have targeted personal liberation of the former prime minister when he was chancellor. >> the head of state, the royal family, her and their security is the duty of the police in the royal protection branch. the integrity of those officers must surely be beyond a doubt, but this morning, i learned that "news of the world"'s e-mail uncover as long ago as 2007 but kept secret contained evidence that the sunday newspaper was paying more protection officers for private information about the royal family. later emerged in public with the guardian" that the phones of prince charles and the duchess of cornwall may have been tapped. in one of the dynamite e-mails, the papers is graced royal editor was requesting cash for the editor to buy a confidential directorate of the ro

s&p put the pressure on, as if there wasn't enough pressure on rupert murdoch. the moment they've got a triple b-plus rating, it's gone into negative watch. it could be very costly to people who hold murdoch paper. they might have to entice shareholders back in and that carries financial risks as well. reputational risks on both sides of the atlantic. legal processes in the uk and potential lawmakers getting more interested in the company in the u.s. ramping up the pressure, according to s&p. >> steve sedgewick helping us out for cnbc. thanks so much. now with the deadline to reach a deficit deal now exactly two weeks away, the rhetoric as you've witnessed heating up as lawmakers scramble to try to strike a deal. the house is expected to vote today on what it calls the cut, cap and balance plan. that's the republican-backed legislation that includes a constitutional amendment requiring a balanced budget. it's a measure that the white house has warned that president obama would veto and yesterday press secretary jay carney outlined the obama administration's exact

including some close to rupert murdoch himself? bryan todd reports. >> reporter: arrested, questioned for nine hours then released, rebecca brooks could play a key role. she was the fire wall between the public's fury and murdoch's family. now that she's an exmurdoch employee. >> can rebecca brooks bring someone else down. >> it's hard to see brooks having any interest in bringing anyone else down. she will fight very hard to clear her name. >> reporter: sarah smith says that's because brooks still values her ties to the murdochs or may have an eye on a editor job elsewhere. he won't comment on reports that she has several million dollars coming in severance pay. the list of casualties appears to be inching closer to the powerful ruling family. paul stevenson and john yates have resigned over their handling of the scandal. there was eddy colson out as prime minister david cameron spokesman this year, arrested earlier this month. last hint in chief checktive of dow jones and publisher of the wall street journal is gone. news of the w

embrace the sun. >>> though he's in the thick of the british media scandal, rupert murdoch is an americancompany, news corp., is an american company. a murdoch competitor that "news of the world" journalists offered a former new york police officer a bribe in exchange for the private phone records of 9/11 victims with the intent of hacking into those victim's voice mails. appearing before the british parliamentary committee today, the murdochs left open the possibility that those claims might be true. >> you're absolutely confident no employee or contractor of news corp. or its properties hacked the phones of 9/11 victims or their families? >> we have no evidence of that at all. >> any credible allegations? >> no, i was just going to say -- sorry, i was just going to say those are incredibly serious allegations and they've come to light fairly recently. we do not know the voracity of the allegations and are trying to understand precisely what they are. i'm well aware of the allegations and will eagerly cooperate with any investigation or try to find out what went on at that time. >> joini

what was interesting, if you look at the picture again, and you see close up, wendy dang, rupert murdoch's wife launches out of the seat, hits good night with the pie, grabs the plate and lunges into her face. murdoch does restart the hearing ten minutes later. he's without his jacket and apologies all around for what took place. >> a remarkable day in london in parliament today. we're going to stay on top of this story. richard, thank you very much. lots of emotions, lots of tough questions in the parliament. was there more heat, though, than light? and joining us now from london, a member of the parliament. she's a member of the conservative party. thanks very much for joining us. do you think you got answers from rupert murdoch today? >> we got lots of answers. some questions still remain to be answered. if they didn't know, why didn't they know. but we did get very exhaustive answers to difficult questions over a sustained period of time. >> what's the biggest question you still want answered? >> i think it has to be if you didn't know, why didn't you know, and that would apply to all

shareholders, do they have confidence in rupert murdoch? i see that shares closed up in news corp.. >> i think was a good day for the murdoch's. there was a lot of questions, would this be a huge disaster. they came away with that when any damage to themselves. i thought that james murdoch gave a very strong performance. he stayed on script in the face of tough questioning. he was apologetic to the families and victims of the hacking scandal. he said again and again that we set up a compensation committee for the victims. for he looked confident without seeming arrogant. i think he did a good job. >> you think that he can still succeed rupert murdoch? >> i think that he has a long way to go. he is not out of the woods. there is still ongoing investigations and there will be a lot of questions that will continue to rise. in terms of surviving the day, he came out much stronger than 24 hours ago. >> if there are criminal prosecutions, either of the phone hacking or allegedly bribing uk police officers, can the company remain as dominant here?

listed company rupert murdoch's news corp could face one hundred million dollars bill for u.s. investigation into police payments dr evil here one hundred million dollars fine they're facing for forty four billion dollars i'm going to you know sort of those are clear about this that all means is that they call of goldman or morgan and they borrow one hundred million which then morgan will put on to the taxpayer tab as part of the overall bailout so this potential hundred million dollars would only happen if the u.s. department of justice decides to investigate based on america's foreign corrupt practices act so basically american listed companies aren't allowed to bribe foreign officials or let police or royal protection officers. well i you know the u.s. justice system is got some cards to play and i mean clearly in los you want to just say that nine eleven was a joke and a bunch of financial mercenaries died on that day and we shouldn't give a flying hoot about it but unless you feel my way then you should prosecute rupert murdoch if it up and stop complaining you whining bab

they said at least 50% more without rupert murdoch. the way they get it is from estimates of barclay's, and they say that it is worth much more than it trades for on the market, so there is a generic murdoch discount which encompasses that he will make decisions that are not consistent with the other shareholder interests. and so what makes news corp vuler inable is that this could make the murdoch discount as they call it bigger. in the short term, it may not matter that much, because murdoch's family owns 43% of the company and it would be difficult to kick him out, but if the family is discredited and the investors see a company worth a lot more than it is trading for and ripe for a takeover and you know who is very good at taking over businesses that are ripe with family struggles? "the new york times," because that is how he acquired them. they might not even need that much convincing to sell the company for much more than it is worth if they remain in charge of it. joining us now are brian steltzer, journalist at "the new york tim

and whether it's a pie thrower or rupert murdoch's wife wendy, or rupert murdoch, these are larger thanife characters and that really made the story. >> and piers morgan now on cnn and used to work for rupert murdoch and news of the world and editing his get it right. he was watching and tweeting after the member of parliament addressed him: . >> did piers morgan sort of nail is there? >> he has a stake in this fight. he's accused of being involved in or sanctioning similar practices because he wrote in his book how you do the phone hacking, if he wasn't doing it himself or people under him, a common practice on fleet street. a shot at gambling in the casino, this is part of this very aggressive down and dirty newspaper culture in britain where everyone knew it hospital operated that way and now there's a chance to use that culture against rupert murdoch. >> if you look at abc's news conference, they didn't explain the situation. it was like this paragraph on their website, and it didn't really explain what the situation was, that he'd really written a book and sort of mentioned it and

a dramatic day for rupert murdoch. hours of tough questioning coming to a sudden halt with this. murdoch slattered with a shaving cream pie, thrown by a man identified as johnny marbles. murdoch's wife, wendi deng, leaping to his defense. more questions to rupert and his son james. louise mensch accused me not one but twice of boasting in a book that i had gotten scoops when i worked for the daily mirror. >> piers morgan side open until his book, clearly published before this whole controversy broke, that he had hacked phones, he said that he won scoop of the year for a story, and he actually gave a tutorial on how one accesses voice mail by punching in a set default code, and clearly from the account that he gives, he did it routinely as editor of "the daily mirror." >> absolutely wrong, mrs. mensch. i never hack aid phone, never told anyone else to hack a phone. here is what i actually said in the book "the insider." apparently if you don't change the standard security code that every phone comes with, then anyone can call your number and if you don't answer, tap in the standard

but rupert murdoch's wife jumping up in defense of him very quickly striking the man. there we have a picture of the guy that attacked the murdochs. it looks as if these got something all over his face. i'm not sure if he was trying to do something -- there's something in britain where i think people throw pies in other people's faces. maybe that's what he was attempting to do inside. it looks like he's got something in his face. again, police were quick to cross the room. the bobbies that you see there came in to ecourt the man out in handcuffs as we understand it. again, you can see rupert murdoch's wife jumping up. rupert murdoch was sitting there listening to his son who was giving testimony again to the last

british parliamentarians also grilled media mogul rupert murdoch and his son james pre- empt rupert murdoch apologized for the phone hacking, but he denied that he was ultimately responsible. he interrupted his son to say that the day was the most humble in his life. the proceedings took a dramatic turn when a protester hit rupert murdoch with a foam pie. >> there was a police escort for rupert murdoch as soon arrive for the parliamentary hearing. he and his son james appeared together. they faced tough questioning but were not r0quired to answer anything self incriminating. his son james was talking, and rupert interrupted. >> this is the most humble moment of my life. >> , murdoch said he had lost sight of "news of the world" and that he really did not know what was happening at the paper. the chief denied ultimate responsibility for the paper and blamed those he had trusted to run the paper. he also explained why the company had not investigated allegations earlier. >> it was not our job to get to justice. it was up to the police to bring charges and to carry out their investigation, whi

rupert murdoch is a back room guy. this crisis, this scandal, however, is about the public. it's about, it's about losing trust. it's about doing things that the average man on the street is absolutely appalled by, and it requires to fix this, if it's fixable, it requires explaining. it requires saying you're sorry. it requires going on every chat show that will have you and begging for forgiveness. it requires going to the family of milly dowler and the young girl who was murdered and kidnapped whose phones were hacked and saying you're sorry. these are not the kind of things that rupert murdoch has ever done or that he's capable of doing. >> hmm. when asked if rupert murdoch would have known about these alleged phone hacking incidents, michael wolff put it this way, he says the news corp chief was in close communication editor was in close contact with his sources and content. >> you're watching "world business today." the u.s. president and republican opponents continue to haggle over the country's debt ceiling. that is next. >>> welcome back to "world business today" rig

the world and rupert murdoch showed his steel there and made it clear he's not going anywhere. >> michael isikoff thank you so much for keeping tabs on the hearing todd and for your insight. now let's bring in richard wolf who's been following this as well. before we get to the testimony can we talk about that pie in the face so to speak, the plate full of shaving cream that got flung. apparently it did spatter rupert murdoch a little bit which is why we're told he took off his jacket for the end of the hearing and wrap up of questioning. tell me about the tradition here and what we've learned about who this protesters was and what happened in this session? >> again, this started off on british tv many the '70s and has become a way of protest, it is what the mp called it, it was an assault on this person on rupert murdoch. thank goodness his wife stepped in the way she did. at least there was some

rupert murdoch has apologized for the news of the world phone hacking scandal with full page ads in seven british national newspapers the media mogul is that now working with a team of top p.r. experts before a grilling from british m.p.'s on tuesday amid public outrage over illegal accessing of the mobiles of murder in terrorism victims and dead soldiers families the crisis has already forced him to shut the one hundred sixty eight year old newspaper scuttled his bid for b. sky b. and claimed two of his top executives journalists were tons he says however some are set to benefit from the meltdown at murdoch's media empire. the political class is here finally feel free to up for the first time in decades and decades so i do think appeasing murdoch will particularly work everyone is watching for tuesday's committee where rupert murdoch and his son james will appear so it'll be interesting to see that but i think we should remember that the prime minister here and we would probably know today because it's saturday said the truth is we've all been in this together the press politicians and l

they say rupert murdoch's news empire in australia has a lot of questions to answer. ling party has called on that country's parliament to investigate murdoch's media outlets. >> it causes them to ask some questions here in our country, some questions about news limited here and obviously news limited has a responsibility to answer those questions when they are asked. >> murdoch's company dominates the australian media. it controls 70% of the newspaper readership and has vast holdings in tv, internet and other media properties. >>> president obama says congressional leader need to start talking turkey on raising the debt ceiling. debt talks resume today with a default deadline just two weeks away. last night the house pass ad largely symbolic cut cap and balance measure as they call it. the president said he's more encouraged by a senate plan that would reduce spending and make changes to taxes something both sides could agree on. >>> the heat wave that has gripped most of the nation's mid-section is moving east. high humidity is pushing the heat index to well over 100

what i found fascinating is rupert murdoch spent a lot of his first testimony not being rupert murdoch and being contrite and as the afternoon wore on what you saw was the emergence of very much the 20th century media mogul got more gruff but maybe felt more honest. at one pointthe questioner said rupert murdoch i'm going turn to you since i don't seem to get far with james murdoch and he got more gruff. he steamed to respond in a differt way. james was every bit the picture of a 20th centu corporate polished ceo saying no matter the merit of the question that's a tremendous and terrific question and i appreciate the manner in which it's been asked and his preambles were enormous and the content of the answers were minimal and existing always flattering the questioner. what i liked was the contrast. murdoch was as he said, humbled and i think he was contrite. the measure of the contrition seed to go down toughout the day until we got the pie as some over the internet said that saved news corp. not sure that's right but it was astonishing. >> charlie: and james murdoch to be protective

rupert murdoch described the day answering questions as a humbling experience. from singapore to london, thank you for watching. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> union bank has put its global financial strength to work for a wide range of companies. what can we do for you? >> "bbc world news" was presented by kcet los angeles. 

. >>> rupert murdoch, mr. and mrs.hmann, and the debt ceiling gave the writers of the late night comedy shows everything they needed to work with this week. >> if this isn't good you guys, the u.s. is in serious danger of defaulting on our foreign loans, explains why china showed up and broke the statute of liberty's kneec kneecaps. >> we are like children. that's why yesterday once again, dad, much to his chagrin had to come home early from work and give us a talking to about not cleaning our budget. >> we're going to meet every single day until we get this resolved. we're going to get this done by august 2. we might as well do it now, pull off the band-aid, eat our peas. >> who keeps peas under their band-aids? you know, you get the senseç obama is the first president in history that begins every press conference with a heavy sigh. just comes out and goes -- wait, i'm being told his peas mention was not a metaphor. during budget negotiations, apparently, john boehner was literally not eating his peas. i didn't reali

don't ask rupert murdoch himself. he's old and confused and wants you to think he doesn't remember. >> were you informed about the findings by your son mr. murdoch or by rebekah brooks? >> i forget, but i expect it was my son. >> when were you informed about the payments made to gordon taylor and max clifford? >> nope. >> you were not informed? >> nope. >> did you or anyone else at your organization investigate this at the time? >> no. >> is that right? >> i forget the days. i never heard -- i didn't hear that. that is the first i've heard of that. i just don't remember. there's no excuse for breaking the law at any time, sorry. >> a man named vincent "the chin" used to wander around greenwich village. which, in fact, he was. his scheme did not work. vinny the chin was convicted on racketeering and conspiracy charges in the 1990s, he ultimately died in prison. is rupert murdoch pulling a vinny the chin here? is he going to drop the whole fake limp or is rupert murdoch really that out of his depth, unaware of most thing

this is a day rupert murdoch and his son did not want to see. they were summoned to answer questions from politicians about the scandal that has rocked this country. >> mr. murdoch, do you have anything you want to say to the victims of phone hacking? >> reporter: allegations of widespread criminal activity by reporters at murdoch's shuttered tabloid, "the news of the world," and a cover-up involving politicians and the police. listen to this, from a man infamous for his ruthlessness and arrogance. >> this is the most humble day of my life. >> reporter: there they were in matching suits, shirts and ties, the patriarch and the heir apparent of one of the world's mightiest business dynasties. rupert murdoch, born in australia, age 80, an american citizen, presides over a global empire with $33 billion in revenue. father of six children from three marriages, he's the boss, but the buck does not stop with him and he is not planning to step aside. >> because i feel people i trusted betrayed the company and me and it's for them to pay. i think that, fr

s a phone hacking scandal rocked rupert murdoch's already shaken empire with the media mogul himself pressed into facing difficult questions meanwhile public fury over the case challenges the future of britain's newspaper industry. calls for the u.s. to cut spending and threats that the country's credit rating could be downgraded if more makers fail to raise america's debt ceiling as more e.u. states plunge deeper into the economic crisis italy becoming the latest country to possible start the matches and had one hundred and thirteen bodies have now been recovered from the water after sunday's a pleasure cruiser disaster on the gulf of river park i was continue efforts to find around twenty foot of stilts and it's the cause report next. for the full sun we've got it for. the biggest issues get a human voice ceased to face with the news makers. who will. bring you the latest in science and technology from the realms of russia. we've got the future coverage. next guys are this is the kaiser report gold. and euros and british pounds u.s. dollars all across the world people want gold and

rupert murdoch's bid for the u.k.'s biggest satellite broadcaster b. sky b. crumbles under political pressure as the hacking scandal spreads beyond britain u.s. senators are now calling for an inquiry following reports that journalists from murdoch papers tried to bribe police for information after nine eleven britain's best selling tabloid news of the world was shut down after allegations the mobile phones of murder victims politicians and celebrities were hacked with the knowledge of the editors. and more trouble for the eurozone as the irish economy slides for their new central bankers fear italy and spain may be headed for their own financial abyss brussels is concerned it won't have enough cash in its euro bailout fund to meet italy's debt analysts say europe's fourth largest economy italy is too big to fail and that it has a worse debt problem than either ireland or portugal. coming up our special report on one of the most scenic regions in russia from lush woodland to mighty mountains the region is a sight to behold discovering russia up next. the regi