yeltsin years that we didn't get but russia phobia russia was allowing the u.s. to do what it wanted but now that russia is effectively blocking united states plans for global domination basically then it's back to russia phobia in full force mc lyte one of the interesting things and you wrote an article about i was quite brilliant it was last summer i think about values in and a lot of neo cons and all you across the board will say well russia the united states' own suit share the same values and a lot of people but i've been in russia for seventeen years so i think. i have a right to say what i understand about russian a lot of russians don't want western values at all they look at eurovision and say that's not for us there is a gap but it's not because the of the west particularly americans think that you know they're still so superior a lot of people here say i'll pass on that. one thing that people often overlook is the fact that there is a wide array of values both in russia and the west so it would be incorrect to say that the values for example of a pussy

as an equal partner but to the current decision makers in washington russia is not an. equal partner it's just a region no probably even marginal power isn't it no i don't think american policymakers see russia as a marginal power certainly and i think it's seen more as a regional power after all it has nuclear weapons it has a veto at the u.n. the u.n. security council and in terms of areas of cooperation maybe we should end our discussion with a description of areas where the two countries could cooperate number one on iran the deadline is coming up on on on on july twentieth russia and the u.s. cooperating could be very helpful there in the case of iraq as i mentioned both the united states and russia pressuring mr maliki to genuinely share palko could also has been clear has been the there could be very happy working on the. ending of the syrian chemical weapons program which was also quite successful not many people believe that something like this could have been achieved just a few months ago which leads me to my final question i mean you mentioned just now a few

russia and it isn't working. i find it very interesting is that you know there is it's a binary here you know when i look at the neo cons in the west and their control of foreign policy russia has a choice either. resists or it bows down if so menders and russia. will not bow down it will not surrender but there's never the third choice why don't we negotiate why don't we talk and this is this stonewalling that we been seeing coming out of washington it's really horrific i mean we've been using the example of ukraine here you know the russians before all this started having said to the european union why don't we work together all three all three parties work together let's find a solution it's part of the record no we will not negotiate with you it's under go she will this is this mindset that i find very terrifying because you can't negotiate with these people though they say the russians you can't negotiate with it's again projecting. i think it gets back to the issue that i wrote about about the values gap. w

projects in russia.at the same time, the european union is joining us in imposing major sanctions on russia. its most significant and wide-ranging sanctions to date. in the financial sector, the eshleu is cutting off financing to certain banks. they will stop exporting certain goods to russia, which will make it more difficult for russia to develop its oil resources over the long term. in the defense sector, the eu is prohibiting new arms imports and exports and is halting the export of sensitive technology to russia military users. and because we're closely coordinating our actions with europe, the sanctions we're announcing today will have an even bigger bite. now, russia's actions in ukraine and the sanctions that we've already imposed have made a weak russian economy even weaker. foreign investors already are increasingly staying away. even before our actions today, nearly $100 billion in capital was kpexpected to flee russia. russia's sectors are feeling the pain. projections for russian economic gr

and in case of russia a big country with the big economy russia will definitely retaliate so these sanctions will be two way to a young russia will find ways to pay for our european union and at some point if i'm from that states i want to move on to tax evasion because i did mention this week there's been some new measures we know there's been a global fight against the anything that politicians as national politicians seems they agree on they say is. the most anxious more rules and regulations that sometimes means the more breaking off that do you think that because there are going to be more hurdles that people will be more inclined to jump over those had goals and finally polls to get rid of that money elsewhere to pop a secret even if i say it's impossible in russia i would not be honest and frank with you in government it is that russian government successfully was fighting against the shadow areas of economy over the last decades and the current russian tax regulation is actually targeted towards limit is much bigger much more profitable to be open and transparent rather than go into

a weak russia, in my opinion and the opinion of everyone i know who does policy on russia, a week russia is our worst nightmare. but working with russia to make it stronger and find, especially through energy cooperation, a way to have russia prosper and become more integrated into the world economy, is really the name of the game. i hope we will be able to dig deeper into that. >> thank you very much, john. bill courtney was u.s. kazakhstan and georgia. >> thank you very much. call the three energy baby giants to the south of russia, azerbaijan, kazakhstan and turkmenistan. in the years ahead strategic environment in this region may undergo dramatic change. the first source of change is china. in 2011 its gdp was 4.7 times larger than russia's. the imf estimates that in 2018 only seven years later, china's gdp will be six times higher than russia's. leveraging this economic dynamism, china is investing in energy and in kazakhstan and turkmenistan. china has already broken russia's monopoly over energy export pipelines from central asia. oil and gas flow eastward over long distances to c

russia can end this war. russia must end this war. >>p >> translator: we would likely to extend our heart felt sar 0 to the families and friends of the crew members of the mail asian flight which crashed as well as the government of the countries whose citizens are victims of this tragedy. we have an impartial open investigation of what happened. pressure shouldn't be brought to bear on the investigation trying to prejudge it's out come with proud statements and insinuations. it's it's a difficult situation. we think it is right for an international commission. mr. president, as any normal person, i am sure the question will arise: why did the aviation dispatcher send them to an area of military crashes, an air william strikes f and where there were anti-aircraft missiles working ensuring the security and use of the aviation in an air in line with international trans ponders on the territory where the flight was being carried out providing aviation information providing security of aviation information. international law ext extends f

russia has urged them on. russia has trained them. we know that russia has armed them with military equipment and weapons, including antiaircraft weapons. key separatist leaders are russian citizens. so, given the direct influence over the separatist, russia and president putin in particular has direct responsibility to compel them to cooperate with the investigation. that is the least that they can do. president putin says that he supports a full and fair investigation. i appreciate those words, but they have to be supported by actions. the burden is on russia to insist that the separatists stop tampering with the evidence, grant investigators who are already on the ground immediate, full, unimpeded access to the crash site. they are responsible for the safety of the investigators doing their work. along with their allies and partners, we will be working on this issue at the united nations today. more broadly, as i have said throughout this crisis, and the crisis in ukraine generally, and i have said this directly to president putin

russia, you are bearish on that and the companies in russia and rosenet.ould probably be bears o.b.p. as well. those three do not add up, do they? >> i do not think so. as bp is not restricted from holding equities in a russian entity. you have negative implications it may be headlands that move lower. the value of rosenet is thus far not been significantly compromised. >> if we look at some of the european majors of the u.s. majors. europe.e of 2% of paint me a picture of what is happening. >> the big macro factor is we saw a big uptick in north american crude on the quarter. the tightening of the margin helps the u.s. the other thing is generally isaking, european refinery very weak business right now. margins are very low. refining but the u.s. the gulf coast and continent is strong. the different contributions you see. chris when looking at the earnings, what is happening in russia as an isolated issue and probably will not hurt the underlying issues. what is the risk in your mind, jason? comes down to specific things like if equity positions are not a

example which is followed if true that what i would call mr putin zero sum game diplomacy where what russia gains the us loses and vice versa i heard the same many times that putin is a logically trying to play these zero sum game while obama is going for a win win but i wonder who just who actually won from obama's policies because if you look at his approval ratings he himself seems to be a losing not to mention the people of libya the people of syria the people of ukraine and the list can go on and on what is this when when i mean who is winning from this when when i wouldn't characterize mr obama's policies as win when i would characterize him with the following words i got us out of iraq i'm getting us out of afghanistan i'm not getting involved in syria and now i'm not getting involved in iraq again so basically the us is withdrawing while the russians are moving forward we see this in a case to try to replace the u.s. in egypt with arms supplies trying to replace to a certain extent the us in iraq also with arms supplies and not being helpful as in the case of hamas now when they hav

russian confrontation not because russia is aggressive but because the nature of u.s. foreign policy has driven russia into the position of being a permanent targeted country why because i think russia in defense of even its own narrow national interest becomes and it's made it clear now an obstacle to the inherent expansionism of u.s. foreign policy which poses a grave threat to russia and to china and to other countries that seek to be independent the large countries in particular well that's a great topic for another program alexander frango to you who's calling the shots and can't just put it shan't go as strong as he thinks he is because i still worry about his thuggish friends if i can use my own words demanding results from him he's not getting them he could have his days numbered. i think if you actually look at the political set up in kiev it's quite obvious that missed the poroshenko is not in control there and that he is one player in a very unstable and very unruly coalition if you go back to what happened in february and march a national unity government a

to russia's border what's happened now is that russia has recovered from the one nine hundred ninety s. it's much more powerful today than it was back then and furthermore expanding nato to ukraine is putting nato right on russia's border and creating a direct threat so it's those changes that make the present situation much more volatile than what happened in the ninety's and in the early to thousands steve in new york you want to jump in there please do. yeah i apologize to john from erupting as he being in chicago and i don't know how you are creates the problem i think john's thesis is exceedingly important in its more than a thesis and he being perhaps the preeminent american scholar of international affairs and american the behavior of abroad we have to take it seriously the view that american policymakers think that we behave abroad no matter how aggressively only benignly and that other people will see it this way is reflected in what's happening today it's astonishing to me that unlike in previous run ups to war cold war or hot there is no opposition in the american congress

russia has urged them on. russia has trained them. we know that russia has armed them with military equipment and weapons including anti-aircraft weapons. key separatist leaders are russian citizens. so given its direct influence over the separatists, russia and president putin in particular has direct responsibility to compel them to cooperate with the investigation. that is the least that they can do. president putin says that he supports a full and fair investigation, and i appreciate those words but they have to be supported by actions. the burden now is on russia to insist that the separatists stop tampering with the evidence, grant investigators who are already on the ground immediate, full, and unimpeded access to the crash site. the separatists and the rushingian sponsors are responsible for the safety of the investigators doing their work. along with our allies and partners, we will be working this issue at the united nations today. more broadly, as i've said throughout this crisis and the crisis in ukraine generally and i've

russia will continue to grow. today is a reminder that the united states means what it says. we will rally the international community in standing up for the rights and freedom of people around the world. today in building on the measures we announced two weeks ago the united states is imposing new sanctions in key sectors of the russian economy. energy. arms. and finance. we're blocking the exports of specific goods and technologies to the russian energy sector. we're expanding our sanctions to more russian banks and defense companies. we're formally suspending credits and financing for economic development projects in russia. at the same time, the european union is joining us in imposing major sanctions on russia. it's most significant and wide ranging sanctions to date. in the financial sector, the eu is cutting off certain financing to state-owned banks in russia. in the energy sector the eu will stop exporting certain goods and technologies to russia which will make it more difficult for russia to develop its

as i have many times that if russia continues on its current path the cost on russia will continue to grow. and today it is a reminder that the united states means what it says. and we will rally the international community in standing up for the rights and freedom of people around the world. today. and building on the measures we announced two weeks ago the united states is imposing new sanctions in key sectors of the russian economy energy arms and finance were blocking the exports of specific goods and technologies to the russian energy sector we're expanding our sanctions to more russian banks and defense companies that were formally suspending credit that encourages exports to russia and financing for economic development projects in russia. at the same time the european union is joining us in imposing major sanctions on russia its most significant and wide ranging sanctions today. in the financial sector they you was cutting off certain financing to state owned banks in russia. in the energy sector the e.u. will stop exporting specific goods and technologies to russia which will

russia, can you throw that in with the weather? is russia that significant?will talk about that through the morning. euro-dollar, just off the lowest of the year. the fed, the decision nobody was talking about, everybody talking about that statement. they are still dovish. they are talking about underutilization of labor markets. that is fed speak for plenty of slack. that risk is diminished. someone has dissented. he thinks the economy has improved much more than that. he wants to see more from the fed. 1.3394, we get data in a few minutes. eurozone inflation data expected to be confirmed at 0.5%. guy johnson and i will bring you that. >> looking forward to it. you have been talking to diageo this morning. distillers biggest suffering from a sales slowdown. jon spoke to the ceo. you will hear from him next. as we head into break, it is time for today's pulse number. $1.6 million. that is how much can kardashians smartphone game generated on the app store. the game challenges users to navigate the hollywood celebrity world. 50%game maker has seen a revenue ri

more and more western companies are concerned about the way they do business with russia for many russia is a perfect place to use advanced drilling technology from the e.u. the u.s. which is now impossible under the new restrictions this could hurt moscow's plans to dig into the resource laden arctic but it would also leave big international players without access to these reserves plus some of russia's exports include rare materials like titanium which will be off the shopping list companies like boeing are likely to see their money fracturing cost skyrocket but there are those that still believe there is light at the end of the tunnel and russia as a superpower in a lot of ways they have access to a great deal of funding you know they have investments from all over the world they have major companies investing in russia you have deals with huge will traders like gun bore and veto who are keeping russia financed in some ways so i don't think that russia is going to be hit as badly is as perhaps the e.u. the u.s. would like to have never seen sanctions implemented for ninety days only b

helping russia build its own silicon valley outside of moscow. having written in the meantime russia was also aiding b i merrick and campaign in afghanistan and the united states on a number of key initiatives not to mention that russia never invaded georgia had actually tried to found off a georgian attacks and south a city but please go on well we we can obviously refight the georgian war but money i think the mistake was made actually on the part of the u.s. in that president obama bet on video of who was a much more of a partner for the united states than mr putin is that's the reality well but dr friedman i think president obama probably needs to learn a thing or two from albert einstein who said that the man should look at what he is not what he thinks should be but unfortunately we have to leave it there dr friedman i appreciate you being on the show and to our viewers please keep the conversation going on our twitter you tube and facebook pages and i hope to syrian town same place same time here while the party. it's like you don't want t

russia made the name by playing. i think it's important for us to remember that the long game is creating a real contrast between what it means to align yourself with the west and free market economics and liberal democrat oe cra democracy. this is a symmetrical warfare. they are willing to use tactics that we simply aren't willing to use. it may mean that we lose a few battles but it ultimately probably means that we now are the ones that hopefully will be able to win in the long game. thank you very much for being here. with that our hearing is adjourned. the record will remain open until friday at 5:00 if we have another questions from committee members. we hope that you will turn answers around as quickly as possible. >>> on the next washington journal, california congressman jeff denum on the influm of unaccompanied minors at the u.s./mexican border and his efforts to get house republicans to act on immigration legislation. and representative gym mcgovernor talks about his resolution to remove troops from iraq b

russia as these ghost or the bogeyman all of the soviet union whereas the american aggression. american policy is a very much current well i'm not sure i'd agree with you on that i mean. there was an effort for cooperation between the u.s. and russia but in two thousand and six if you remember after hamas won the elections in the palestinian legislative the assembly mr putin said hamas is not on our terrorist list number one and it's a big blow to american foreign policy in the middle east number two that's an example which has followed if true that what i would call mr putin zero sum game diplomacy where what russia gains the us loses and vice versa i heard you say many times that putin is illogically trying to play this zero sum game while obama is going for a win win but i wonder who just who actually won from obama's policies because if you look at his approval ratings he himself seems to be a losing not to mention the people of libya the people of syria the people of ukraine and the list can go on and on what is this win win i mean who is winning from this win when i would

affairs of russia. nor has it engaged in any sort of military or terrorist activities vis-À-vis russia. in ukraine you have a country that simply wants to assert its sovereignty, as all countries want to do. i think you have a very different set of facts in ukraine that are guiding the current issues. out thatshould point the secretary of state is en route to egypt to try to broker a cease-fire between hamas and the israeli government. he also made appearances on the sunday morning programs yesterday, focusing on the situation in russia. the headline this morning from "the new york times," indicating that russia and ukraine separatists are linked. here is more from his comments. host: -- [video clip] is a clear that this system that was transferred from russia in the hands of separatist. we know, with confidence, that the ukrainians did not have such a system anywhere near the vicinity at that point in time. it obviously point to clear finger at the separatist. that is why president obama and the intern

russia can end this war. russia must end this war. >> nbc's jim maceda joins us from moscow. jim, what are the reactions? >> reporter: hi, joy. well, if you've survived putin-ism this long as an official, i guess you could say you know how to take one for the gipper. putin reacted angrily to the latest wave of u.s. sanctions. it was during a meeting, and all this was taped of course, during a meeting with his prime minister. in every single cutaway, he was aping the facial expression of his boss. it didn't matter if it was anger or joy or nostalgia. he had it all exactly at the same moment that putin did. pretty much like that. there's an old boy's club mentality inside the kremlin that if you haven't been sanctioned by now, you don't deserve your position. the public reaction generally speaking has been nonchalant and defiant on the part of kremlin officials and officials in general. privately, it's impossible to know just how worried and pressured they're actually feeling because if they revealed that, it would be political suicide. generally speaking, no one seems to be co

on russia will continue toq>?reminder that the united states means what it says. and will rally the international community in standing up for the rights and freedom around the world. today, and building on the measures we announced two weeks ago, the united states is imposing new sanction on key sectors of the russian economy: energy, arms, and finance. we're blocking the exports of specific goods and technologies to the russian energy sector. we're expanding our sanctions to more russian banks and defense companies, and and we're formally suspending credit that encourages exports to russia and financing for economic to projects in russia. at the same time, the european union is joining us in imposing major sanctions on russia. its most significant and wide-ranging sanctions to date. and the financial sector, the eu is cutting off certain financing to state-owned banks in russia. in the energy sector, the eu will stop exporting specific goods and technologies to russia, which will make it more its oil resources i

sanctions against russia. some factories have already seen their orders drop with the first limited measures. the latest sanctions could have deeper effect. the e.u.'s trade with russia represents only 5% of its over-all exports. but since the economy is barely moving ahead, even limited losses are a source of concern. >> it will affect our economy as they have been designed to maximize the impact on russia and maximize -- and minimize impact on e.u. economies. >> it targets russia's finance, defense and energy second torgs. companies such as bp and total have said sanctions could hurt their profit. b.p. has stakes in at least one of the targeted companies, russian oil giant ro stanford neft. they have invested massively. the block is worried about possible retaliation measures from russian. >> russian could create countersanctions so gas deliveries could be affect the. russia is for now refraining from that, and as they need money, they most likely will not take that step. >> they could banning european produ

russia has frozen out banks and russia's access to technology benefitting the technologies. >> russia's actions and the sanctions we've already imposed have made a weak russian economy even weaker. >> reporter: the white house is adding pressure by accusing them of an arms control treaty that bans mid range ballistic missiles. president obama has written a letter to vladimir putin about it. the timing is nothing to do with ukraine but admits there are worries about the weapons being used or falling into the wrong hands. despite all of this, just 12 days after the downing of a passenger plane by pro russian separatists there is still talk of diplomacy. >> it's not a new cold war, what it is is a very specific issue related to russia's unwillingness to recognize that ukraine can chart its own path. >> reporter: this week the administration laid out a long list of the effects it has had on the economy. all of this investment money leaving russia. the desired effect of all of these sanctions over a period of months now is to change putin's strategy and so far that has not changed at all. mi

is and much more so the united states to any retaliation of russia or losing trade with russia. you saw the president running through the laundry list not taking questions but a comprehensive defense of his policy. >> mike viqueira at the white house. we'll take a break and then reset for the top of the hour will we'll review the president's sanction against russia and top russia companies and banks and defense firms for russia's mettling in ukraine. release. >> thousands calling for their freedom. >> it's a clear violation of their human rights. >> we have strongly urged the government to release those journalists. >> journalism is not a crime. america mobile app, available for your apple and android mobile device. download it now >> start with one issue education... gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the

now russia's defense ministry says the satellite images released by washington as evidence that russia has been firing across the border into ukraine well they say that these are fake according to the u.s. the images show blasts marks on the russian side and impact craters on the ukrainian side moscow says there are no precise coordinates on the pictures and that they cannot be authenticated also inspectors from various countries including the u.s. being on the ground but found no evidence of russia violating ukraine's border and former white house official paul craig roberts doubts the credibility of washington's latest allegations will need to air state the. issue the information. by email early on a sunday morning this is a completely dead time in news many american cities aren't even up yet san francisco los angeles seattle it's still early hours in the morning so if this was released by the state department which i doubt it's so unprofessional i was a assistant secretary the united states treasury i was headed to the wall street journal this is not the way important news is releas

what about russia? we keep talking about russia. they own 20%.he company issued a disclaimer if you can call it that, buried in their earnings and they said pretty much everything but the kitchen sink. they said if the sanctions but, b,ater against russia -- and greater against russia, their business and earnings including the relationship. bob dudley will give a press conference this morning at 10:30 a.m. and declined our interview and will not hold that against home. i am still waiting to speak with you. lots of questions for bob dudley. all of them be about rose net. >> it is ahead of the ftse. oil companies are trading 13 times. >> relative. >> very good. a picture from a london. openy markets are set to quite high. and miserable day? >> did it rain? >> it rained last night. we have to get some color into the camera. ♪ >> welcome back. will talk about her love of super graph. >> i do love them. like them. jon is here for sonata ruminants. to talk about the big macro things. >> you have bp. the market is edging. is theother side, this unknown.

is concerned there was what's the question the main thing was ill was from russia and russia wants the same thing they would like to form some system to compete with the world bank and the i.m.f. and the u.s. dollar because brazil would like to dominate the western hemisphere for a couple of hundred years and should wishful thinking all happen any time soon. as long as india is involved it probably won't happen any time soon or brazil and china and russia could certainly could certainly easily put together something to compete with the dollar the united states dollar kevin is a terribly flawed currency i mean i don't americans i hate to say it but we have serious problems with the world has serious problems and we need something else and maybe maybe russia china and brazil can put together a competing currency what else is in it for both countries see i mean increasingly russia has been looking towards latin america ever since what's been kicking off in ukraine except the way the u.s. been handling that all we're going to see russia love land and sea between here in south america are g

over russia you do course russia a lot of problems let's face it and i think this was you know on the political and then one minute to a level that i think that's what they wanted to achieve and i think that they caused russia problems that you know let so little waste about the next president president putin must be a warrior you know if you have tension like that on your board right basically with your door you know you all go to the ball to send specialists can spill into russia so that they have achieved you know who you are billeted i think personally that america is creating instability all across the uk look what's happening on call in kong you know they've sent a signal to china we can do things that will hurt you and now we have this huge massive demonstration demanding democracy and for some unknown reason all of a sudden just because you know america is playing its games look at the me the least look at everywhere everywhere we're seeing tension and it sometimes makes no sense of told you i'm not so i don't i don't lead i want to go back to you cry in their public i'll go b

russia can end this war. russia must end this war. >> that's america's u.n. ambassador samantha power speaking today at the u.n. security council basically laying all of the blame for this disaster at russia's feet in no uncertain terms. president obama today at a press conference at the white house basically did exactly the same thing. >> over the last several weeks, russian-backed separatists have shot down a ukrainian transport plane and a ukrainian helicopter and they claimed responsible for shooting down a ukrainian fighter jet. moreover, we know these separatists have received a steady flow of support from russia. this includes arms and training. it includes heavy weapons. and it includes anti-aircraft weapons. set aside what's happened with respect to the malaysian airlines, a group of separatists can't shoot down military transport planes, or they claim, shoot down fighter jets, without sophisticated equipment and sophisticated training, and that is coming from russia. >> and that is coming from russia. and that is why russia is doing everything it ca

the also this week russia's the fence ministry. radar data jesting was the second plane near the malaysian airliner possibly a ukrainian military fighter jet while the u.s. is being pressured to present its own.

relationship with russia. the europeans have been reluctant to pass sweeping sanctions on russia. they are the ones who will be feeling the pinch. those economic ties, britain, france, jaryp, they are really interdependent economically, when you talk about the british, french or germans hitting russian companies, that is very significant and really shows that the u.s. and the europeans are growing increasingly united on how to deal with vladimir putin. >> is the secretary getting what he wants right now from the europeans and from the ukrainians? look secretary of state john kerry is very busy right now. he's had some issues in the middle east. we're going to talk about that in a a little bit. how is he forging ahead in dealing with the ukrainian crisis? >> well, it's really difficult and it's not that he can't put all of his attention, spread it out a little bit, but when he's dealing with the middle east as he was last week, it's really hard for him to focus really intensely on ukraine. listen, basically, th

and financing for economic development projects in russia. and because we're closely coordinating our actions with europe the sanctions we're now seeing today will have an even bigger bite president obama was asked if this threat shooting up of tension could effectively mean the beginning of a new cold war he disagreed he said he does not see another cold war coming but that's not the way many people see it there was a hearing in the u.s. congress several hours before the president's announcement or you could hear the usual voices calling for increasing tensions and pressure on russia and then there was this one congressman the chairman of the house foreign affairs committee who offered a different perspective you know after the soviet union fell there was a tremendous potential to making russia our friend have tremendous potential they withdraw their troops from eastern europe. the russians. were open to all kinds of interacting and being coming part of the world community and a. tremendous opportunity i should say was squandered in the last

russia was broke. i mean, in what was left of the communist world, the old soviet union had maintained spying posts. electronic eves dropping bases in communist vietnam and in communist cuba spying on local radio traffic, spying on local military actions, keep in touch with their own spies that hay had working in those regions. the base they set up outside of havana in cuba, that was only 150 miles from the coast of florida, so it was particularly handy for keeping an eye on, say, the u.s. space program at cape canaveral as well as anything else they could pluck from the sky from the giant radar rays that they set up just outside havana. but in 2001, 13 years ago, russian president vladimir putin, 2001, announced that the old soviet, now russian spying station in vietnam, and the one in cuba, they would be closed. right? it's a new world, right? a new russia. no reason to pay to keep something like that up and running anymore. that was 2001. they announced those two would be closing down. then this pas

just concerns about the sanctions against russia and so you are seeing that etf of russia moving to new looks like most of the session is at the day's lows or close to it. the the dow jones looks like settling 65 points to the downside. the s&p 500, down about the same percentagewise. perhaps a touch more. nasdaq almost flat. it was in the green for much of the day but ended in the red but just barely so. russell 2000, small and mid-sized caps ticking to the upside. not a good day for the market. 17,000 level. can't seem to gain any momentum getting back up to that level. seems to have found that as a ceiling here. "after the bell" tarts busy day with earnings right now.

to russia well that had an expiration but actually russia. and it is and it is rochelle supported separatism of which is actually the destabilizing element in the east of ukraine so so you know coming up with the deaf october of this situation in crimea and then . sort of telling us to figure it out on respect that no will never respect it will never respect this annex ation in this way of crimea to russia but mr fuller i think i am very well aware of the european position on the crimean referendum but they got at least there was a referendum there and people had a chance to voice that political opinion in the face of ukraine we have one part of the country waging a conflict with the not a part of the country and they have no referenda you think was war and it was either one of them you called them up and you know no no i'm sorry i mean referenda in the presence of the people in the group in uniforms without insignia about whom the first here there are no two hours and then couple of weeks after all there have been hours. so referendum under

russia can end this war. russia must end this war. thank you. we would like to express our hartford -- heartfelt condolences to the members of the malaysian flight which crashed, as well as the governments of those countries. [inaudible] it is a difficult situation. we think it would be right to create an international commission. first and foremost, the question would arise, why would ukrainian aviation dispatcher sent a flight to an area of military crashes, an area used for carrying out strikes? and where there were .ntiaircraft [inaudible] in line with international standards. in the territory where the flight is being turned out, they must provide aviation information ensuring security. international law provides for the closures, but it would seem that there would need to be investigation. and did everything necessary to ensure that the military campaign of kiev would prevent this from occurring. today, kiev declared a full closure of the airspace. why couldn't this have been that -- been done earlier? [inaudible] well, here is that restra

ukraine if russia accepts this. regime change except this violation of international law right on their borders for the sake of business as usual and the murder of hundreds if not thousands of people in the eastern ukraine then the us wins because that goal is accomplished if russia is finally forced to the point where they feel they have to intervene out of humanitarian concern for their blood kin they are being murdered on the other side of an artificial historical twenty year old border but then the us wins again because they will use that as a rallying cry to you continue to push the e.u. and its relations against russia and the ukraine will be torn apart by even civil war to an even greater degree than it already is so proconsul nuland has really played her hand quite skillfully but this is the european continent we're talking about we're not talking about air conditioned offices in washington d.c. we face the prospect of a failed state and ethnic cleansing in europe and europe is doing virtually nothing . well

russia has urged them on, russia has trained them, but no russia has armed them with military equipment and weapons including antiaircraft weapons, key leaders are russian citizens, sir given the direct influence, russia and president putin in particular has direct response abilities upon them to cooperate with the investigation, that is the least we can do. president putin says he supports a full and fair investigation not appreciate those words they have to be supported by actions. the burden now is on russia to insist they stop tampering with evidence, grand investigators already on the ground immediate, full and unimpeded access to the crash site. they are responsible for the safety of the vesting it is doing their work along with allies and partners will work this issue a at united nations today. more broadly as i have said throughout this crisis and the crisis in ukraine, if that is directly to president putin as well as publicly, i want to find a diplomatic resolution within ukraine. i believe that can still happen, that is my preference today and will continue to be my preferenc