stephanie miller. dana lash is co-founder of the st. louis tea party and a talk radio host as well of the dana show. and nancy joul, social commentator. and contributor to cbs' "sunday morning." let's go around, reaction to this dispute. >> it's interesting. i know lots of people in the tea party movement. i've never heard one racist word out of any of them. i was quite suspicious about it to start with. i thought it must be some kind of cover for racist feelings. i've questioned people very close to me about it, very intensely. never heard a racist word. >> larry: what do you make of that billboard? >> it was the act of a very, very reckless and stupid person. >> larry: stephanie? >> even the other tea baggers, i loved that they actually didn't, you know, they condemned the sign, but only because they thought it was a waste of money. one of the leaders we quoted today said, well, he is sort of hitler-esque. but it was not a good, you know, spending of money. and i thought what? how can you be hitler-esque? the thing is just -- the tea

stephanie miller. nancy giles. what do you make of this story?does this mean there's hope for mel gibson and his ex? this is shocking. very shocking, isn't it? as human beings, some things aren't partisan. i'm glad -- you know, hopefully the kid will have parents. it is weird, like you said. i don't know that my mother would want to read things in a magazine about me that i hadn't told her. like things, i was getting marry his. >> larry: dana, any political affect on sarah? >> i don't think so. obviously, it's difficult for her as a mother to see her daughter enter into a permanent relationship with someone who said the things he did. grace follows repentance. who are we to judge? >> larry: ben? >> it seems to me that sarah palin is such an unlikely character for really high office that it won't have much affect at all. i mean, it's interesting, what she says often apeoppeals to me. personalitywise, to just not even be close to presidential level so i don't think it's going to have much affect one way or the other on national politics. >> larry,

alfonso, aisha tyler, ben stein, stephanie miller.e's been face to face with bears before but not like this. jack hanna had a scare. he'll tell us about it next. it's here, but not forever.e, the lexus golden opportunity sales event. see your lexus dealer. even with an overactive bladder. i don't always let the worry my pipes might leak compromise what i like to do. i take care with vesicare. because i have better places to visit than just the bathroom. (announcer) once-daily vesicare can help control your bladder muscle, and is proven to reduce frequent, sudden urges and leaks, day and night. if you have certain stomach or glaucoma problems or trouble emptying your bladder, do not take vesicare. tell your doctor right away if you have a serious allergic reaction, severe abdominal pain, or become constipated for three or more days. vesicare may cause blurred vision so use caution while driving or doing unsafe tasks. common side effects are dry mouth, constipation, and indigestion. you have better things to join than always a line for

it's a giant problem. >> larry: what do you do, stephanie?> well, larry, what he means is she's a person in a robe who made a decision that is other than what ben stein would have decided. so clearly it must be wrong. >> i didn't say it was wrong. i just said it was different from what the next decision's going to be. >> the right wing is always screaming, larry, about we're a nation of laws. we're a nation of laws. well, guess what? we're a nation of laws. and this is unconstitutional -- >> larry: but they disagree with it -- >> that's my point, judges don't make laws. and have them -- >> you cannot have a patchwork quilt. you have to have comprehensive immigration reform. >> the next judge will say we can have a patchwork quilt. that's how judges work. judges are not all -- >> then she'll be a judge in a black robe you agree with. >> larry: i'll come back to the two of you in a minute. alfonso, where do you stand on this? >> look, i agree with the decision. immigration is a federal issue. and we don't want to see, as stephanie says, a patch

and the russian oil company t n k as more on this in our business bulletin shortly with stephanie. activists in south korea have sent propaganda leaflets to the north to mark the anniversary of the korean war armistice flyers and d.v.d.'s criticizing pyongyang she won the rights record were released into the sky attached to balloons and so at this point the cross border tension remains high fifty seven years after the end of the war the u.s. and south korea are currently conducting military exercises off the korean peninsula and the discouraging the north from any attack on the south a recent international inquiry into the sinking of a south korean warship in march concluded pyongyang was responsible an accusation it denies. serbia's parliament has overwhelmingly approved a resolution saying the country does not recognize cause of us independence it comes after the higgs international court of justice ruled that the region's declaration of statehood was legal the parliament's resolution said peaceful negotiations are needed to find an acceptable solution because of announced it wou

stephanie abrams with a check of the weather. hey, stephanie, what's going on today?nvited? those look delicious. we are still feeling the heat here throughout the northeast. they need to make a kiddie water table for adults if they can, and it's going to be hot into the 90s here in new york city. otherwise severe weather stretching from the ohio river valley back towards the ce >>> we've got a mist of some of those low clouds around san francisco and it will take some time for those to lift up. you can see the sea breeze pumping in the low clouds, and notice our temperature inland. that's when it will start to climb in the low 70s. it will continue to be cloudy and cool on the coast. mild weather to wrap up the work week, then warmer for the weekend. >>> so still alittle bit warm, but it's july. what are you going to do? it's supposed to happen in july. mu ech thano s.ch and up next from your credit card bills to your rent, the secrets of negotiating. next fr card bills to your rent, the secrets of negotiating. i'm a skeptic. however, this stuff tastes pretty good. r

stephanie sy.eky gathering for comic fans, today, comic con a star-studded sold-out event. this year, behind the costumes and movie previews is a serious debated about what will happen to the book in comic books. the new wave of comic consumption just like in movies and books before it is going digital. e-book readers, smartphones and the ipad are promising to revolutionize the industry. >> digital enables a whole new audience to experience comic books that haven't been able to have access to them before. >> reporter: the much buzz about comic books that came out with the ipad is supposed to feel like reading a full-size comic book.omic books look >> comic books look fantastic. you take one look and seal how the colors pop off the screen. digital enhances it because it enhances the artists. >> reporter: companies are going one step farther, creating motion comics that brings superheroes to life. old school enthusiasts believe digital comics are the evil nemesis to the beloved comic stores. >> and y

stephanie dhue, "nightly business report," washington. >> tom: finally, feeling a little cranky today if you were, you're not alone. scientists at harvard and northeastern universities looked at more than 300 million posts on twitter and found people are at their angriest on thursdays. that bad mood peaks in the middle of the day from about noon to 3 p.m. the study searched for words linked to certain moods and tracked how frequently they were used on twitter. the study found folks are at their happiest on sunday mornings. >> we're angry on thursday because it's not friday, we're happy on sunday, because it's not monday. >> i not coo put a fing or t. i was wondering what it was today around 3 tx*nd00 when i was getting crank ef. >> that' . >> susie: that's "nightly business report" for thursday, july 22. >> tom: i'm tom hudson, good- night everyone and good-night to you too susie. >> susie: good-night tom. i'm susie gharib. goodnight everyone. "nightly business report" is made possible by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more inf

stephanie dhue talked with feinberg this morning and asked him about that decision. >> they were too big, some individuals were getting in excess of $10 million in bonus payments over a five-year period, there were severance payments where individuals, companies, after they received tarp, we're paying people walking out the door, no longer working at the company, there were gross-ups, where in order to cover tax payments, there would be additional money, allocated to these individuals, we concluded after months of review, these companies should not have done what they did. >> reporter: six banks that made what feinberg calls "ill- advised" payments still owe taxpayers. they are citibank, c.i.t. group, which has since gone through bankruptcy, suntrust, regions financial, m&t bancorp and a.i.g. 11 repaid tarp, including j.p. morgan chase, bank of america and goldman sachs. none of the banks rescinded those payments. feinberg says he didn't think he had the authority to demand the money back. >> at the time these payments were made, as ill-advised as they may have been, they were not in

and, as stephanie dhue reports, it may take more than a change at the top to fix b.p.'s problems. >> reporter: tony hayward had more than his share of blunders >> i had no problem with drilling of this well. i think it's too early to reach conclusions. i don't know. i simply was not involved in the decision making process. >> reporter: but the jury is still out on how much switching c.e.o.s will change things. hayward was brought in three years ago to address safety concerns after a major oil spill in alaska and a deadly explosion at b.p.'s texas refinery. but then, as now, experts say b.p. has to change more than its c.e.o. industry observer lou pularesi says that kind of change takes time. >> to develop a culture of safety takes a real commitment, and it's not just money, it's having the technical competence, looking at all your operations, having everyone with confidence that they can shut down the rig and change the procedure. >> reporter: hayward's likely replacement, american robert dudley, has 32 years in the oil business. he joined british petroleum when the com

stephanie gosk, nbc news, stockholm. >>> tomorrow night here, an emotional making a difference reporteunion coming out of a tragedy in haiti and some american parents who were just trying to do the right thing. for now though, that's our broadcast for this thursday night. as always, thank you for being here with us. i'm brian williams. we all hope to see you right back here tomorrow evening. we all hope to see you right back here tomorrow evening. good night. -- captions by vitac -- www.vitac.com >>> breaking news. immigration rallies are being held in various cities. dozens of people gathered outside the federal building. also there's a protest going on in the mission district. >> just as marchers are heading up, san francisco's police ch

there's more on that in our business bulletin with stephanie in just a few minutes. defectors from north korea have sent propaganda new thoughts to the former home to mark the sixtieth anniversary of the korean war the released flyers and d.v.d.'s criticized she one writes recall accused of sinking a south korean warship in march something the north denies ceremonies have been held across the south to remember the outbreak of the korean conflict which claimed four million lives between one hundred fifty and one hundred fifty three. severe flooding and landslides caused by the rains continue to sweep across southern china more than seven hundred have died as a result of the extreme weather conditions in this country this year with hundreds of still missing. water levels along parts of the country's largest river. are at the highest level since one nine hundred eighty seven forecasters say more heavy rains are expected this week. i didn't tell you this time colleagues are explains america's conflicting attitudes towards social security that first there was the business

all right now stephanie's here the latest from the world of business. hello and welcome to the business bulletin had on our team at two years since robert dudley then head of b.p. led russia after a dispute with russian shareholders on tuesday he was declared the new boss of b.p. taking office in october and in a final twist tony hayward may return to russia as a director of tank a b.p. seen a democrat of a reports. robert dudley has already earned his credit for handling of the gulf of mexico oil spill the gulf represents one third of the company's oil and gas was and refineries and his experience in russia where team t.v. generates about a quarter of b.p.'s revenues and she should be well prepared to take over the whole company where she is likely true means central to b.p. strategy with analysts dismissing media reports that the company could sell a stake in its cash generator team t v p possibly to gas room or ross nifty tiki b.p. is a cash generator on an original investment of seven billion dollars in two thousand and three b.p. has already seen t

. >> reporter: i'm stephanie sy in new york in the throes of yet another heat wave. 20 states are under heat advisories this weekend. high temperatures and stifling humidity are pushing heat indexes up to 115 degrees in north carolina, up to 110 degrees in new jersey and up to 105 in the ohio valley. >> the heat is hot. it's super hot. >> feels like every pore in you is just sweating. >> reporter: temperatures are dangerously above normal even for the peak of summer. >> the last decade was the warmest decade since we started having reliable instrumental measurements. >> reporter: dozens of heat-related deaths have been reported this summer. the latest, a 20-year-old maryland man who went into cardiac arrest while cycling today. noaa cited last month as the hottest june ever reported worldwide and with july continuing the trend, the agency predicts this will be the hottest summer, the hottest year even. >> not just new york city, it's global and not just the atmosphere, the atmosphere and ocean, as well. >> reporter: moscow is enduring a month-long heat wave that has residents seeking re

here's stephanie sy. >> reporter: no longer a geeky gathering for comic book fans.oday, comic con is a star-studded sold out event, and this year, behind the outrageous costumes and movie previews was a serious debate, about what will happen to the book in comic books. >> bring your comic books to life. >> reporter: the new wave of comic consumption, just like in music and books before it, is going digital. new e-book readers, smart phones and the ipad are promising to revolutionize the industry. the comic book giants see it as a positive thing. >> digital enables a whole new audience to experience comic books that haven't been able to have access to them before. >> reporter: the much buzzed about comic book app that came out with the ipad is supposed to feel like reading a full-size comic book. >> comic books look fantastic on digital devices. you take one look, you see how the colors pop off the screen. digital enhances the reading experience because it highlights the artist. >> reporter: companies are going a step further, creating motion comics that bring super

stephanie dalton. >> i write newsletters' that got to 7000 people a week. -- that go out to 7000 people a week. i am an advocate for musicians. a lot of people cannot speak of, so i speak of for them, and i also speak of for community and keeping it altogether. i.m. kind of upset about the entertainment commission. i think they acted hastily. icings they were looking for a reason. -- i think they were looking for a reason. i reached out for my community. i have gotten 300 signatures end comments. before i give it to you, i want to read one gentleman,. a support this because they were never given a bad rap. i think this incident is being linked to jelly's by mistake. the people involved in this incident may have stopped by because they saw the crowd but was leaving. -- they saw the crowd that was leaving. i did not see any problems with this incident. please sign the petition. >> if anyone else has public comments, please stand against that line. you will have two minutes. please do not lock the door. hello, can you find yourself a seat please? can you stand by the door? please state you

bus driver james charles hue wit and vanessa gonzalez and stephanie cordoba. there's no word on what caused that bus to turn over. >>> fewer bus drivers called in sick today but passengers can still expect delays amidst the ongoing labor battle. the ac transit and drivers are arguing over the workers holding a sick out. although the union says the not a sick out. that's not the only issue being raised. >> they've reconfigured all our routs without training. in the past they would take us out and physicalus on each new rout. now to save the money they are saying, here's a video, go out and learn it. >> reporter: ac transit says the schedule changes needed to reign in over time pay. a judge says he'll decide july 30th to decide on an injunction >>> and rob roth joins us now live with more details. >> reporter: officials in contra costa county are so concerned with the spread of whooping cough that right now they are offering free vaccinations here at the farmer's market. so far about 200 residents have taken advantage here in downtown concord's santos park. peop

. >> stephanie running for re-election in south dakota already with an ad about how she voted against health care. i think that's a yes. >> you won't see the president out on the campaign trail very much. >> yeah, i think they're going to run away from him. chris: getting voters to turn out is one of the classic art forms in american politics. in the 1960 kennedy-nixon campaign, both side tried to time their final barnstorming trips to excite the troops. they told kennedy to hold off the chicago stop until the end. look at how all the trade unions showed up at the last weekend. same story on the nixon side. he brought president eisenhower to new york the last wednesday before the election. there they are in harold's square, macy's right before the election day. that same year lyndon johnson used the old-fashioned whistle stop to rally the rural stop. >> god bless you, most democratic! good-bye. god bless you! chrit' thas:s pretty definite. here's one of the most evocative scenes of that campaign. the kennedy final barnstorming tour ending where it all ben, in boston. so what about tur

. >>> stephanie joanne angelina germanada, lady gaga's real name. >> what's that again?hanie, joanne, angelina germman ada or gaga. >> do you like justin bieber or lady gag ga? that's our question of the day. >>> coming up, the celebration for nelson mandela's 92nd birthday. >> also ahead, zsa zsa gabor, that is sorry gabor, faces today after -- what happens after -- she fell out of bed on saturday night? >> yeah. a new movie jumped to the top of the box office list this ,,,,,,,, ♪ [ horns honking ] ♪ [ male announcer ] come into an at&t store and experience tv like you've never seen before. ♪ for a limited time, get u-verse tv for only $29 a month for 6 months with dvr included. gold bond therapeutic foot cream. penetrates the deepest layers like others can't. look for the healing seal. gold bond foot cream. serious relief for dry, cracked feet. >>> our forecast today we are expecting a mix of sun and clouds around the bay. overcast conditions for the coastline this morning. well inland, clear skies. how will that impact today's temperatures? they are cooling down. we'l

. >> i did it for you and for one of my best friends stephanie with special olympics because you guys won these medals yourself in your own special olympics games. you're my hero! that's why i was out here today. if you want more information on how you can become involved with special olympics rapelling 38 stories down this beautiful hotel, we'll have that information for you on cbs5.com. when i was up there i was trying do a little weather forecast looking around... i could not -- i couldn't do it. i could look around only very briefly. then i had to concentrate again and get centered, focused and pray. >> you know, we had our doubts about you, but roberta, now we don't have any doubts anymore at all. [ laughter ] >> okay, so it's certain. >> it's certain. have fun. thanks. be safe. >>> a hollywood movie is going to be made about the oakland as magical season in 2002. the team won 20 games in a row, american league record. now, they are getting the stadium ready for filming. movie producers need as many as 7,000 extras to fill the stands there, play the fans. to try out to become an

past the hour in the russian capital of about with a look at the headlines at home in the meantime stephanie is next with the business . hello welcome to the business but a tin hat on a t.v. russia has declared a state of emergency in four more regions hit by the west drought in a century and twenty seven regions are estimating about losses and market watchers warn of new price hikes that tell you how to have reports. crickey soil and plants such a total of two pictures can be seen in many russian regions the heat has burnt out more than ten million hectares of green fields he retired this may fall by quarter this year like many other farmers hundred and is counting his losses amounting so far to fifty percent of his films grain production vegetable production in essence all crop production that's open field crop production. and primarily the dairy industry but we're losing a significant volume of milk because of the heat but as soon as the heat is over we'll eventually bounce back the quality of the feed won't be quite the same the cost of the feed won't be quite the same drownd has a knock

already don't go anywhere now they've got all the nation's business news coming your way now with stephanie good to see you and it seems that also dr there passenger numbers during the economic oysters people are now taking to the skies again yeah that's right alice according to the international air transport association international air traffic has now surpassed pre-crisis levels i'll have more in just a moment but first it's two years since robert dudley then head of b.p. fled russia after a dispute with russian shareholders on tuesday he was declared the new boss of b.p. taking office in october and in a final twist the outgoing head tony hayward may return to russia as a board member. reports. robert dudley has already earned his created for handling of the gulf of mexico oil spill the gulf represents one third of the company's oil and gas wars and refineries and his experience in russia where to keep b.p. generates about a quarter of b.p.'s revenues and she should be well prepared to take over the whole company where she is likely true means central to b.p. strategy with analysts dis

and stephanie miller joins me with the latest from the world.so stuffy we hear that a russian billionaire is shopping not for an airplane but rather for an airline yes rory only got a pasta is reportedly in talks to buy a discount carrier at sky express the airline has been hit hard by the crisis but it did have more than a million passengers last year i'll have more in a moment but now straight to our top story it's two years since robert dudley then head of b.p. fled to russia after a dispute with russian shareholders on tuesday he was declared the new boss of b.p. taking office in october and in a final twist tony hayward may return to russia as a direct a b.p. see i didn't vote about reports. robert dudley has already earned his created for handling of the gulf of mexico oil spill the gulf represents one third of the company's oil and gas was and refineries and he's experienced in russia way to keep b.p. generates about a quarter of b.p.'s revenues and she should be well prepared to take over the whole company where she is likely true mean c

our hero don't go away they will for a very short break we're going to get a business update you stephanie. i'm great for the. we've got. the biggest issues get voice ceased to face with the news maker. hello and welcome to the business bulletin b.p. may sell it stakes in three of the venezuelan projects through its russian joint venture t.i.n.k. b.p. according to bring back british petroleum has raised the matter in a letter to a venezuelan state run oil company which it jointly owns the assets the value has not been confirmed but the times newspaper puts it at one billion dollars the oil giant plans to set up to thirty billion dollars worth of assets across the world after suffering heavy losses in the gulf of mexico disaster. the head of a.o.l. has told r.t. he's pleased to see the appointment of robert dudley as b.p.'s chief executive despite the arguments that mot their relationship in the past. we very much welcome the point you know bob dudley is the c.e.o. of b.p. yes we've had some difficulties when he was the c.e.o. of g.m. k.b. those difficulties related primarily to governance

but first let's check out what's happening in the world the business that's right stephanie coming up. hello and welcome to the business bulletin robert dudley's return as head of b.p. well have come as a surprise to the russian shareholders of t.i.n.k. b.p. a clash over management style so dudley effectively pushed out of the country two years ago and as i tell you how clever reports his rough ride in russia could now prove useful. the name bob dudley prompts mixed memories in russia his departure from the post of t.n.t. b.p.c. accused of acting against the interests of russian shareholders back in two thousand and eight left a bitter taste but no one would underestimate his part in building russia's third largest oil producer nor his managerial skills is the right person for the job right now for b.p. clearly the situation to b.p. is in demand change at the top it's quite obvious to b.p. is not going to be able to address the problems in the united states with tony hayward still in charge so to that extent changing hayward was no choice but of course a lot to be made the fact that h

if indeed they are stephanie joins us now with all the latest from the business desk. hello and welcome to the business bulletin exams for european banks are nearly over there was out to stress tests on one thousand one financial institutions will be released on friday they should tell the world whether the banks are ready to withstand a renewed economic downturn and a potential debt default by a country but the real question is whether the regulators have set the bar high enough to actually test week banks tatiana reports. if too many banks passed the tast it means the test failed that's a widespread suspicion about their settlement of europe's biggest lenders the banks have been asked to estimate how much additional capital they would need under two scenarios namely if the economic situation were to deteriorate for two years and it's an area with an additional sovereign shock but analysts question just how realistic the task can be it's very difficult to say partly because we don't know what the so-called adverse scenario is that will be considered all just yet we kn

invested in a plan to attract seven times more foreign tourists to russia much update now my colleague stephaniemonday will be here next hour to take if you have business the rest of the day in the meantime you can always buy more stories on our website on t. dot com slash business. if . motion would be soon which brightened if you need monsoon from finest impressions. from stunts on t.v. don't come. every month we give you the future we help you understand how we'll get there and what tomorrow brings the best in science and technology from across russia and around the world. join us for technology update on our g. they faced it this is not a pro magician would warn of. the forces of resurgence just everybody is sure to support retreat because they have no idea. but the hardships that we face. one it is this is it of them to new things for any army the life of the usaf is the most precious thing in the world. is of self-sacrifice and heroism with those who understand it fully but you have to live a. real life stories from world war two. victory nineteen forty five dots on t. dot com. it is half

and it's now time for the business news and stephanie joins me to you know. and you've got good news for car dealers and russia we hear yes it seems that way moving at the industry looks set for a fifteen percent rise in newcastle's this year i'll have more in just a moment but first federal reserve chief ben bernanke said on wednesday that the outlook for the u.s. economy was unusually uncertain feeling investor fears about the strength of the global recovery the nikkei added that unemployment to remain a key concern in the coming days and finding jobs for those unemployed will be a challenge he added that central bank expected g.d.p. to grow three percent in two thousand and ten and three and a half percent in two thousand and eleven and two thousand and twelve. the economic expansion that began in the middle of last year is proceeding at a moderate pace supported by stimulative monetary and fiscal policies however the housing market remains weak with the overhearing a very good or foreclosed houses home prices construction. and if you've got time z.x. you

about with a look at our headlines in nine minutes from now on the meantime stephanie will bring you up to date on the world of business that's in just a few moments stay with us here on r.t. . for the fall we've got. the biggest issues get a human voice face to face with the news makers. every month we give you the future we help you understand how to get there and. the best in science and technology from across russia and around the world. join us technology update on our g. hello welcome to the business bulletin hey on r.t. they say all secrets come to light russia's president dmitri medvedev has signed a law preventing infighter trading the new yorker fison defines concepts such as insider information on market manipulation amongst others insider trading is an offense in most financial centers but until now the law has never passed its first hearing in russia and it won't take effect immediately the rules come into force six months after publication. we spoke to a corporate lawyer max good broad from baker and mckenzie he says russia's insider trading nor has much in common with

technology update that's in about ten minutes from now but first it's the latest business updates with stephanie stay with us for that. hello and welcome to the business bulletin here on r.t.e. the government will offload shares in state companies even if the budget doesn't need the money it's announced it will sell eight major companies which is fewer than expected and the earliest date for a sale will be next year the economic development minister said privatization will help build a competitive economy if the would get us started. these would be fairly big companies possibly banks companies from the fuel and energy sector privatization will be a means not only of the trucking many into the budget which is very important but it's also wave influencing the structure of the economy currently the government has an excessive growth in some of the sectors where the government share is quite big we interested encouraging more competition in the private sector. smaller companies may prove attractive to individual investors have the government will have to work hard to allay their fears of renationali

i hear stephanie joins me now with all the latest what you can see the vastly the eye here is going to give year for russia's biggest truck maker well it's certainly been brought up in last year come out has cut its losses by more than two thirds in the first offer two thousand and ten i'll have more on that a little later in the bulletin but first b.p. may sell it stakes in three venezuelan projects to its russian joint venture to be effective. executive director confirmed that british petroleum has raised the matter in a letter to have been venezuelan state run or company with which jointly owns the assets value has not been confirmed but the times newspaper puts it at one billion dollars the oil giant plans to sell up to thirty billion dollars worth of assets across the world after suffering heavy losses in the gulf of mexico to zoster. the head of a r has told r.t. he's pleased to see the appointment of robert dudley as b.p.'s chief executive despite the arguments that marred their relationship in the past. we very much welcome the point you know bob dudley is the c.e.o. of b.p. ye

or at all the latest business news it with stephanie is coming up in just a moment. hello and welcome to the business bulletin russia's i and still produces have come in for fierce criticism from the government for their pricing policies consumers such as com makers have been struggling to establish long term contracts with surprise at what they consider to be acceptable rates prime minister vladimir putin is in the city of. to help mediate the dispute to open a brand new pipeline production facility our correspondent dina reports. the crisis has pulled the ground from under this field producer with most of the construction side throws in an oil and gas companies the spilling their new pipeline project their government has filled with bottle to the sector with metals prices growing demand consumer of metals among which carmakers up to us losses will weigh in with all but one which manufactures dream curious and thanks for the military as well as the companies watching the prices spike that they've seen this year give us currency faces criminal charges for price fixin

was how new it looks this hour of it's time now for a business update stephanie joins us in the studio. and it's good news for car dealers in russia we hear it seems that way marina the industry looks out for a fifteen percent rise in new car sales this year i'll have more in just a moment but fust and vests and back no more international has been highlighting at the growth potential of the marching markets managing director victor that believes that has been a pattern and shift in the global economic order it is a permanent dick coupling between developed markets and emerging markets although one has to say that not all emerging markets are made equal russia is still very much an option on a killer or d. accelerating economic recovery and commodity prices while some markets like turkey are much more of a structural story. the russian government's plans to raise middle tax may not be as punitive as some companies at first feared the state plans to increase catholic struction tax by six percent in two thousand and twelve and five point four percent in two thousand and thirteen this will

russia's sweltering heat is dance or climate change but first let's go over the other business with stephanie so how are the equity markets doing at the moment henri we're seeing falls in european markets and that echoes overnight weakness on wall street and asia commodity assets are leading the decline so i'll have more market news in just a moment but first they say all secrets come to light russia's president dmitri medvedev has signed a law preventing insider trading the new law clarifies and defines concepts such as insider information and market manipulation amongst others insider trading is an offense in most financial centers but until now the law has never passed its first hearing in russia and it won't take effect immediately the rules come into force six months after publication. the government says it will offload shares in state companies even if the budget doesn't need the money so far the finance ministry proposes selling up to eleven major companies like ross enough to spare bank to name a few the earliest date for a sale will be next year the economic development minister sai