and then, it's swiss? yeah. >> stahl: when a formula or a computer code is registered abroad, say in zug, a u.s. company is allowed to claim a lot of its taxable profits are there, even if most of its sales are in the u.s. >> sullivan: the need for tax reform is greater than ever. >> stahl: economist sullivan told congress these patent and profit transfers are accounting tricks that allowed companies to chip away at the 35% and save tens of billions of dollars. he says that, from 2007 to '09, these maneuvers helped lower pfizer's average tax rate to 17%; merck to 12.5%; and g.e., just 3.6%. >> sullivan: it's really remarkable, as i review the data, is the consistency with which you see this phenomenon. the taxes are going down, the profits are shifting offshore at an accelerated rate over the last few years. >> stahl: so now, these companies have profits accumulating overseas in places like zug. oh, look at your clock tower. if they bring the money home, it's taxed at the full 35%; if they leave it oversea

announcer: erika equates the fundamental skills from this process to a swiss army knife. erika andersen: this capability called being strategic, i think of it as being like a swiss army knife. you know, it's got a lot of different things on it and you can use it in a lot of different situations. announcer: when one understands these principles, they will be ready to decide the core-directional steps, needed to move toward their most hoped-for future. your investment of $90 in public tv for this book is the gift that keeps on giving. jeff mitchell: we have a little bonus time with erika to go more in depth about how it all works. so we now know this approach for getting more of the life we want. what's some more support you could offer to help us get the best from it? erika andersen: well, there's one thing that i really didn't have a chance to talk about in the program, and it's a really important element of success or failure when you're doing this, and it's how you talk to yourself about it. so you're aware that we all talk to ourselves all the time, right? jeff mitchel

good thing thing public awareness but russians unlike the swiss you know the swiss they're legendary they're not used to reporting on each other they're not used to spying on their neighbors they would say this this is not the right thing to do i mean this is bad so if we try right now to urge the russians to report and to watch their neighbors closely and report it well maybe they're terrorists we said this would make russians even more anti-semitic then you are not on the right way really because i am not asking for russian citizen to reportable it is no different cultural act but. if his neighbor is a member of a terrorist cell i would expect from him as a. citizen to report and i would recruit him his agent but i'm not calling to report over to become a country of one who watches like we had seen in countries in they doubt eales not not long did not know look not long ago we are focusing on terrorist groups we are focusing on individuals that we know that they planned or they might claim an act of terror or an act of violence we are not going to spy on the whole population israel

our aid doesn't make as much difference today as it did know that said however it was still the swiss pirate party. and brought wiki leaks the wiki leaks domain online and went offline during the hectic week of information wars. similar projects have been launched around the world including russia. most people in russia don't speak english that's why we wanted to make wiki leaks documents available to all russians online so we set about spotting reports of interest to people living in russia and countries of the commonwealth of independent states such reporters are either fed to translation websites or the people themselves translate them after receiving them via email russian pirates have launched a similar site called leaks in largely mimics what assumptions been doing it with the leaks a few leaks have already been made public. what the informers will post their reports on the internet site we will know absolutely nothing about them we see the whole thing as a black box churning out documents from time to time but there's also a big question though is how are they going to send the

veteran has shown he's still got plenty left in the tank the thirty six year old swiss winning some of these events in no way rising to the top of the overall standings in the process with only one world cup legs still to go the decorated who share has won the overall title every year since two thousand and seven no surprise really when you witness him in action for shadowing around the olympic boxing pool scene just one minute and thirty three seconds to austrians were giving chase but while still in your hand i had to settle for the rounds on the podium who shall now have a chance to take google crown next week in his native switzerland. and thousands of spectators follow the signs as they gather the town for the twenty nine plan you'll hear it's open snowboarding championships those crowds in vermont got to witness the reigning hot wife world champion cousin heroku go defend his title the japanese pulling out an array of critics including a difficult to perform eighteen mile and grab the overall effort to now for the twenty two year old to retain his brow to made the overall drop is

or telecom call grown to be coupon swiss until millions of pounds.

tennis no drop of which will replace sort of federer's world number two next week after beating the swiss in the semis in the indian wells talk which also extended his perfect record season for seventeen wins and no defeats with a thrilling three south victory the pair spent just over two hours on new york's joker to the opening set six three while federer was stronger in the second plane hit with the same score so we went to the decider with george mitchell leaving three times when a federal legal challenge the serb wrapping up in six the winter set up another highly anticipated much against top seeded rafael nadal. the spaniard meanwhile edged out two thousand and nine u.s. open champion juan martin bill poor choice the other seven final the world number one in two time winner in indian wells the had to go from food on down the road for us before appointing a six four six four big three and andy it's very much a losing streak against the anjan signing briggs is. just plain dumb but we will look at the system both of them it seems like he's moving very easy all that much is. difficult to

company would go up and the ratio for the swiss company would go down. as i understand it, the committee has the ability to change that and make it fairer. what are your thoughts and what should fsoc do? >> i fully agree with your concern. it is unfair in the sense that as you say, a foreign bank that has operations in the u.s. could purcha a domestic u.s. bank where a u.s. bank of the same size could not buy that bank. >> or a foreign bank of the same size. >> or a foreign bank. i may be mistaken but my understanding is that we didn't have discretion -- >> you do. >> well, i will look at that. because i do think it's a problem. >> the fsoc, the statute says fsoc can take competitiveness into account and b, that any rules are subject to the recommendations of fsoc. so you have some discretion and i hope you will. second issue. you have persistently, wisely, in my view, you defer to congress on taxing and spending but i want to ask you a more general question about the when of deficit reduction rather than the how, about the timing of our efforts to reduc

shot has shown his still got plenty left in the tank thirty six year old swiss winning sunday's abandoned no way rising to the top of the overall standings in the process with only one world cup stage still to go a decorated share has won the overall title every year since two thousand and seven no surprise really when you witness an action going around the only talking just one minute and thirty three seconds to australians were giving chase wells and you know him pushing i had to settle for the rounds on the podium who shall have a chance to take over old ground that week in his native switzerland's. and thousands of spectators followed the signs as they gathered on the twenty ninth annual u.s. open snowboarding championships those crowds of the morning got to witness raining hard. because our hero found his title the japanese going out and the array of tricks including a difficult to perform cab eighteen melon grab but overall for the now for the twenty two year old to retain his crown well to main the overall trophies of the snowboarding season went to finland's they had to hear him a

minute court partner -- my moot court partner, he said his father owned three swiss banks. i think even before entrepreneurship, it is financial literacy. we need to educate ourselves about what these resources are. it is financial literacy and really wealth literacy, understanding that there are different kinds of wealth beyond just monetary wealth, but you need to understand monetary wealth, spiritual well, the social capital we have and understand how to cultivate those things and invest them properly. those are important skills. at the same time, i do not think black capitalism is the solution to the problems of black folks who have been the victims of capitalism's boot. >> making sure that that kind of information becomes available. that could be the subject of what we deal with in black history month. you know? hal the wealth is developed. who developed it. loans what? how one gets to own it. we could do that. it could be touchy, but it could be useful. i'm just saying that we could use occasions for teaching about things that could make a difference. so i just say ra

y que a lo mejor le dio un ataque de ira por no estar en swiss la. al regresar ella mismo nos cuente lo que pasa. [narradora] salir de la deuda no es fácil. hable con sus acreedores directamente o visite termine con su deuda punto org. >>> india está mejor y está en sus últimos capítulos les conseguí un adelanto de lo que ocurrirá esta noche a las 9.10 centro vean de lants. >>> lo logre. >>> pasaportes documentos de identidad. mire, todo falso. >>> increíble. >>> cuantas identidades tiene esa mujer. no lo creo. sabes una cosa es el rey de esta situación. descubrió todo. no se puede perder india. en su capítulo final y tiene que estar pendiente a las 10 de la noche de telefutura. ven acá carolina sandoval. me xmri ceso por qué te epa s agua en estas imágenes que estamos viendo. >>> si quieren saberlo señores no pueden perdee este domingo a las 7 de la noche 6:centro una nueva edición de famosos en la mira con 25 paparazzis más reveladoras de la farándula hagan sus apuestas a las 7 de la noche 6 centro. se van a enterar quien se llevó el número 1. y po

she recorded a piece with the swiss duo yellow for their album, touch. >> i used a subbase recorder.r the piece, she played six different recorders. the musicians overdubbed them. >> the nice thing about that was working without a score. a classical musician is always staring at a piece of music. here it was a case of reacting intuitively to what i heard. >> the range is what doris appreciates about her instrument. whether in modern compositions or classical work, she demonstrated that the recorder is far more than a children's instrument. >> well, many women including myself will admit to having a weakness for shoes. and when you see this foot wear, it's understandible but in a man. this man's playful approach has completely rejuvenated his family's brand. we met one him at his first dutch brand store. >> the shoes are young, fashionable, and a little bit crazy, just like their designer. dutch fashionistas to admire his new creations. he finds it hard to believe how much excitement his shoes are creating. >> it's really weird to start something 15 years ago, and then it turns out th

their oldest plant is located in an earthquake zone near the swiss border. now it will undergo a safety on along with the -- undergo a safety audit. >> that is a top priority. we decided the safety of nuclear plants should be issued with a stress test. >> until now it was unthinkable we could carry out stress tests. that members will be obliged to carry out stress tests at all their nuclear reactors, and the results will be published enabling the commission to draw up a report that can discuss the measures that need to be put in place. >> although energy policy decided on a national level, all the union's leaders have agreed to carry out the checks. france argued its current safety measures are sufficient, but it is also on board. >> the results of a test carried out by france will be publicized. if they are not convincing, we will take immediate action. >> the stress test should be carried out in the second half of this year after national regulators decide on a common set up assessment standards. >> we also have some movement on the european stability mech

gets into trouble every time you'd think we'd be on the precipice of doom people by dollars they buy swiss franc and they buy the yen and they i did see i haven't seen silver gold surging since the since the earthquake you know when the going gets tough the tough go for paper right the gold and silver of consolidating their momentous gains against the dollar and every other fee out worthless piece of garbage out there as the world begins to realize that they can't just print their way out of problems and i let me just cut into something here i just thought of the top of the top the top of the show i'm very curious your thoughts on this company out of chicago group on last year they raise money to a billion. valuation i saw a headline on business insider dot com today that they are talking to goldman and j.p. morgan about an i.p.o. this year and a twenty five billion dollar valuation i don't think a lot of people around the world it companies only two years old they are probably not unfamiliar with the story can you give people an idea what this company is all about how they value ation jum

easter holiday is falling later swiss think people are really excited about that.t's been an endless pattern bases and. >>j.r.stone: is seeking get here and track down some of these roads preconditions. >> if yet another this season, you definitely don't want to miss this now. >>j.r.stone: 80 just cut, with norstar had tahoe. the snow is coming down and right now roads are still open. reporting in the tahoe area, kron 4 news. >>pam: pop star lady got of visited google in mountain view yesterday. kimberly has a look at her interview there. >>kimberlee: expected she talked about her music and fans. even though she hasn't seen the latest die roll video by 13 year-old or back up that is been critically panned. she actually defended the team's efforts. >> what you think about the future of fame for youtube? >> i think it's fantastic. i think for back up black is a genius and everyone who's telling her she shouldn't be as follows its. >>kimberlee: many of the google employes dressed up for the occasion this person put on 16 stuffed animal bodies honor of it. now during t

porque adamari hace poco estuvo en puerto rico, en swiss la del encanto natal. y esto fue lo que le contestó. ahí está. >>> dicen que últimamente, leo que tiene de mascotmascotas son. no estoy haciendo nada malo. conozco a andrés lópez el escritor. lo que ocuió con su vida anterior. quedó en el pasado. ha rendido cuentas sobre o. y él será quien tiene que dar explicaciones. yo mientras tanto, voy a ser feliz, me voy a divertir, voy a salir adulan e te y voy aceptar inviciones de él y quien me invite y quien considere que me parece bien para salir. >>> la defensa es como que el corazón está brutal es bien enamorada. no, estoy tranquila. porque sé que no estoy haciendo nada malo. nunca he tenido que bajar la cabeza ante nada. y creo que soy una mujer que toma sus decisiones y que sabe salir adelante con las decisiones que toma. >>> mamita, lo que pasa que para uno besar un papo no tiene que bajar la cabeza para esa y otras cosas. pero espera una cosa. me gusta esta adamari conversa dora que le dice a todo el mundo, tú sabes qué, no solo con el escritor y con quien

car makers have their eyes on swiss deals and emerging markets. they're concerned about the situation in africa and the middle east but their outlook is optimistic. >> the 125th birthday was made by -- the vehicle was made by karl benz. the chief executive welcome them. >> we're pleased these countries are exploring more democracy. stability in the region is important. but not at any cost. >> car sellers hope the democratization process will result in more prosperity and more sales. they are worried still. >> of course, we're concerned about developments. we have local suppliers in some places so we are monitoring events. we know it is serious and we are a little worried. >> higher gas prices have not dampened demand for luxury cars. >> carmakers drove german stock up courts. >> under way to the auto fair in geneva, carmakers had growth figures. they went up by 15% in germany in february. this shows that carmakers are back on track in germany and the upswing is going on. shares of german car makers took the lead on the frankfurt floor. they starte

and the more i researched into this more i found that three maybe four companies if you include the swiss i'm going to but three main companies and one among them was dominant and that's monsanto that these what i call in the book the four horsemen of the apocalypse these private seed companies they were originally chemical companies. stupid ploys within five or ten years at the rate they were going to dominate the basic seeds and patentable seeds that much power concentrated into four corporate entities three of whom have a decades long track record of fraud deception lying to the public about the dangers of dioxin the dangers and agent orange and the vietnam war and then after and so forth. that really set off the alarm bells for me. i got involved in the give a shit because it was a new technology bringing up its influence on the us still see them as officers. i was the only but this isn't it that she took in four years of trawling. they were the most signs of a grievous inventor i mean they were all in this group in the greens to the farm the trial work which all told the two hundred

japan wasn't traded for the accident and safety of nuclear energy cannot be guaranteed at all the swiss government has already announced it will freeze its plans to build or replace its nuclear reactors and the german foreign minister says the country is split into an independent investigation commission on the task of undertaken a new risk analysis of the german nuclear power plants. a mystery of book of world of the fukushima crisis shows that there the chernobyl central what we call the chernobyl syndrome is is probably still a lot and had actually what happened in fukushima in japan one of the one of the leaders after acknowledging in the world shows that any any nuclear power plant regardless of the safety measures is a potential threat of the g. eight you did he agree. your goal in new york i published as one of graph be call you in new york with them yourselves it would conflict with this of chernobyl. a lot of consequences for public health formation a lot of consequences and this is the example you're not just example of mexico and that is impossible you know i would it will ma

car makers have their eyes on swiss deals and emerging markets. they're concerned about the situation in africa and the middle east but their outlook is optimistic. >> the 125th birthday was made by -- the vehicle was made by karl benz. the chief executive welcome them. >> we're pleased these countries are exploring more democracy. stability in the region is important. but not at any cost. >> car sellers hope the democratization process will result in more prosperity and more sales. they are worried still. >> of course, we're concerned about developments. we have local suppliers in some places so we are monitoring events. we know it is serious and we are a little worried. >> higher gas prices have not dampened demand for luxury cars. >> carmakers drove german stock up courts. >> under way to the auto fair in geneva, carmakers had growth figures. they went up by 15% in germany in february. this shows that carmakers are back on track in germany and the upswing is going on. shares of german car makers took the lead on the frankfurt floor. they starte

the pan wasn't traded for the accident the safety of nuclear energy cannot be guaranteed at all the swiss government has already announced it will freeze its plans to build or replace its nuclear reactors and the german foreign minister says the country is split into an independent investigation commission and the task of undertaken a new risk analysis. on nuclear power plants. and mystery a book of world the fukushima crisis shows that they're the chernobyl center what we call the true level syndrome is is probably still alone and had actually what happened in fukushima in japan one of the one of the leaders after acknowledging in the world shows that any any nuclear power plant regardless of the sea to measures is a potential you read about it you didn't read it all your goal in new york i published as a graph b. quarterly i'm in new york at any of those it would conflict with this of chernobyl . a lot of consequences for public health from nature and a lot of consequences and this is an example nobody said double our focus on that and you know i would have balls to make the group or pl

company would go up and the ratio for the swiss company would go down. as iunderstand it, the committee has the ability to change that and make it fairer. what are your thoughts and what should fsoc do? >> i fully agree with your concern. it is unfair in the sense that as you say, a foreign bank that has operations in the u.s. could purchase a domestic u.s. bank where a u.s. bank of the same size could not buy that bank. >> or a foreign bank of the same size. >> or a foreign bank. i may be mistaken but my understanding is that we didn't have discretion -- >> you do. >> well, i will look at that. because i do think it's a problem. >> the fsoc, the statute says fsoc can take competitivens into account and b, that any rules are subject to the recommendations of fsoc. so you have some discretion and i hope you will. second issue. you have persistently, wisely, in my view,ou defer to congress on taxing and spending but i want to ask you a more general question about the when of deficit reduction rather than the how, about the timing of our efforts to reduce t

risk off day where the high interest rate currencies go down and the low currencies like the yen and swiss franc go up. as the news comes in, i think investors are trying to make up their mind as to how bad this will be and it is very uncertain right now. and i don't think we are getting nuf information to make good decisions. >> the momentum is carrying other to tokyo. here yen buying remains strong with the japanese currency trading above the 79 level. the yen is going for 79.440 to 49 per dollar. market sources say it will be under intense buying pressure for some time. although investors will be wary of whether the japanese government and the bank of japan may intervene in the currency markets. >>> japan's central bank has supplied funds for a fourth day to calm the financial markets in the wake of the massive quake and tsunami. the bank of japan injected 5 trillion yen or $62 billion in to the short-term money market. financial institutions need larger amounts of liquidity than usual to help with relief efforts. financial markets are unstable as the yen is urge surging to record high

being swiss were obsessive and have to work together and be very good. so, there he is trying to synchronize looking at these devices at synchronized blocks and they make the signals. he sends a signal, radio signal, electrical signal, and the struggle with the speed of light. so he's trying to figure out how does that work and outside of the patent office to can see the famous clock tower 11th century clock tower with the trains coming in and out of the station under the clock tower and the trains and the station they were synchronized. so he began thinking about motion and time and the speed of light and that experiment in his head he did as a 16-year-old about catching up with light beams. he writes a letter to a friend that his close friend and fortunately one of them, conrad, there he is on the far left is a close friend in the olympia academy where they talk about philosophy would conrad moves away which is good for the history of science because of wainstein gets to write him a letter. typically a feinstein it's an important letter. calls him you

swiss research institute estimates global volume of $-- of one trillion 200 billion euros. >> thanks, sarah appeared onle voting has begunor the annual deutsc welle blog competition. 187 have been short list across a range of categories. this year, a number of web sites from the arab world are in the running. there are also awards for the best social activism campaign and the best video of -- video log. the last of t hollywood davis is dead. dave elizabeth taylor and passed away on wednesday in los angeles -- game -- dame elizabeth taylor passed away on wednesday in los angeles the story of her life on-screen and off-screen was exceptional even by hollywood standards. >> only one actress was considered for the role of cleopatra. elizabeth taylor at the height of her career, starring opposite the love of her life, richard burton. they married twice in a tempestuous and toward relationship, scandalous even by hollywood standards. by the late 1960's, taylor's best years as an actress were behind her, but she stayed in e spotlight with a weakness for alcohol, prescription drugs, and the t

and perth's seizure all ties break up by swiss i'll try it but. this is. a route that he cites when we have sanctions money or importance on certain taliban leaders many of the go right there to council. so. we are in favor of national reconciliation because we believe that and all beast are going tomorrow should be a reconciliation because i'm going to should stop the killing and stop. spilling shell the bloods so what do you make a contract money which is five times more than its national budget we have two point five million russians are addicted to afghan harris who is behind this well it's really painfully you sure are first of all i just want to make it sure more clear there are a very international estimation i bowed in terms of overall global but i can close emanating from the rocks had already been. experts believe that around six together and one. but i want of the sixty billion dollars or only. for me to fight a beginner and it remains to them. how the fight. goes. so who are you going to nation. yes those who. received five billion dollars incl