but since i couldn't travel to switzerland once a week, we put together a development team in

that is not today's switzerland. the switzerland famous for attracting capital, is now going to put it on a ballot, swiss voters will weigh in. so, the lowest guy on the running makes 15 grand, highest guy can't make more than 180 grand, that not grand news to a lot of big bank executives making 5 to 10 times that right now. what will they do or american firms setting up shop in switzerland will do, will they too be bound by the same income bounds? does switzerland lose a fair amount of tax dough because fat cats just up and go. the polls are tight. does it continue a euro bashing theme that includes france upping its tax rate to 75%. and you have to have lived in a cave to miss this, president's relentless bashing of the rich, and their paying what he calls their fair share to know this is global. somewhere out there, someone is readying a guillotine just in case, but it hit us here in fox business. where to the mad dash to cap taxes? to cato institute senior fellow dan mitchell, on this swiss miss. >> i predict tha

margaret warner reports from geneva, switzerland.n our signature section from that way pep a get-tough program that's keeping probationers out of prison. >> the way i was raised and the way my wife and i was trying to raise our son. you tell them what the rules are and if there's misbehavior, you do something immediately. >> next on pbs "news hour weekend." pbs "news hour weekend" is made possible by judy and josh westin, joyce b. heal, the wall be onning family in memory of ira d. wallick and bernard and irene schwartz, rosalynn p. walter. pacific islanders and communications, corporate funding is provided by mutual of america, designing customized, individual and group retirement products. that's why we are your retirement company. additional support is provided by -- and by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. from the tisch wnet studios in lincoln center in new york. >> good evening. thanks for joining us. the united states and the world's other major p

iran on the other in geneva, switzerland.t would it take or cost since iran has been seeking relief since its economy has buckled under the pressure of sanctions on that country. what would it take to bring them to the table and keep them there. now a deal with a country who has held americans hostage in the past and flexed evil throughout the years. joining me is james rosen. james, what are you hearing? i'm told that james is going to be joining us momentarily as we try to get up the line with him. again, we are waiting for the president to come out and we do know that throughout the evening -- and if we want we can toggle between this and the live look in switzerland because the hotel where these talks have been going on for four days started emptying out and even they're getting set up. we'll hear from the president and we may go live to geneva and hear from the secretary of the state john kerry but for now the president we're told will speak first of course in all of this as a monumental deal has been reached with iran o

. ♪ >> switzerland has voted against capping the salaries of wealthy chief executives.ulia mcdonald has more from our european news center, julie. >> steven, thank you. top salaries would have been limited t. sixty six people voted against the measure. >> in the country of big banks and big business curbing the wages of the top bosses in switzerland is a contentious issue. the youth wing of the social democrats brought the so-called one to well i tflt twelve law. the swiss voters rejected the proposal. >> the issue that we could see of limiting high salaries is the most important executives of a company would not simply work in switzerland anymore. they'll go abroad and that is no good. they'll find ways to get secondary benefits in their jobs anyway. like a car or housing. >> capping salary hase has beent topic in other countries. but in switzerland anger took hold this year when an outgoing executive was paid $80 million. the damage was done to the traditional swiss relationship of trust between the business and the public. critics argued it would make switzerland les

switzerland's highest earning ceos agree the sigh of relief as the country votes against capping their salary. >> it's been called a historic deal aimed at preventing iran from building a nuclear weapon. hours after top diplomats from the world's most powerful countries shook hands in geneva, there was a less than positive response from israel and saudi arabia. benjamin netanyahu is calling it a historic mistake patty:hane reports. >> the hand shakes and hugs that marked this first agreement now an image for the history books and so, the spin begins as each side claims victory. >> it has been written clearly in the text of this agreement that iran will continue its enrichment and, therefore, i anounce to the people of iran that enrichment will continue in the same way as before. they will continue to enrich uranium up to 5%. the agreement spells out the end goal of future talks, that iran will be able to enjoy its right to nuclear energy but u.s. secretary of state john kerry went out of his way to stress that doesn't mean what it sounds like. >> any country has a right, to a pieceful

cracking israel and saudi arabia both oppose the iranian nuclear deal reached this weekend in geneva switzerland back to iran no one is saying the islamic republic is a perfect country it's not a weak but it's also not the crazy bogeymen caricature that the western media makes it look like it's a culturally rich country with a two thousand or more year old history of literature poetry and philosophy back in the sixth century for example the persian emperor cyrus the great issue of the world's first declaration of human rights the cyrus cylinder. and for those who take all that neocon propaganda about appeasement seriously consider this iran has not invaded another country in over two hundred years united states two years like all big moments in history it's still too early to tell what will happen with the us and the world with sunday's deal the united states appears to be making the first steps away from its saudi allies and the first steps closer to iran and when you really take a step back and look at the history of iran as well as the history of american foreign policy in the middle east it'

in switzerland they've got it all and public outrage to match over the excessive of executive pay.n the weekend the socialist party so-called one to 12 campaign will be put to a referendum. at issue where weather the bosses should be prevented to be earning more in a month than their worst paid workers earn in a year. >> we want to change this. we want a fair society, a fair economy. >> reporter: it's an idea familiar, of course, elsewhere since the global financial crisis struck. but here in one of the world's most attractive places to do business anger took hold earlier this year when one senior executive was paid an astounding $18 million u.s. dollars. the national backlash forced the company concerned to cancel the payout but damage was done to the trust between business and the public. those campaigning for a no-vote see the 1 to 12 idea as a threat to switzerland's free economy. >> the other problem is a certain number of international corporation was leave switzerland's because they would not be able to comply with this law. they would not be able to recruit skilled senior e

a young scientist from switzerland was attracted to this area where religion nature and science intertwine. i try to see by kal in its entirety i didn't know what to expect from this place it's not that i have discovered something new here but rather that i absorb everything that this place offers. more than twenty five million years old. is a little over thirty. the swiss scientists travel to the banks of the oldest lake in the world. five hundred kilos of speeds of up to one hundred seventy kilometers per hour it can fly up to three thousand meters where from such altitudes you can examine the bottom of the lake because of the clear waters and his four cameras fixed to be afraid. just a scientific endeavor but a personal one. what winds of fate brought the young scientists to the bike. it all began with a minor research trip. quite by chance i came up with. there are a lot of organisms that exposed to the light of a certain spectrum. light of a different range and i wondered if this was also the case with the lake. in short discovered luminescent crustaceans in hell's waters. serious res

the scientist from switzerland. paid off the weather has improved allowing the scientists to work. on the banks of . the biggest river flowing into by providing around fifty percent of its river water. is a powerful filter that cleans before it gets into the lake. gather. will continue working next to. the river bed. changed. developing changing. very important. rich with a constantly circulating from the bottom up. keeps itself clean water can safely be drunk straight from. here. this lake. with this unique nature it. has when you emotional states. like hell through its beauty individuality and energy can reconcile science with man's belief in supernatural powers. scientists might look for answers to any question but it doesn't mean that everything will be explained one day. that's a completely different approach towards goals of science differ from those of folklore . you can't escape these legends like the fisherman who carry out their rituals every time before they leave harbor. the god that needs to be placated we should treat him to a little wine or even if you feel like it d

foreign ministers have flown to switzerland, u.s.ecretary of state john kerry arrived after his russian, french, and chinese counterparts and germany's, britain's foreign secretary rushed to geneva not long after that. we understand that this have been late night saturday night meetings going on there. any indication where the diplomacy is headed? >> reporter: not really, not at all. let me bring you up to speed where we are at the moment. the foreign ministers p5+1 negotiating group, the five members of the permanent security group plus germany, they are back in talks amongst themselves a short while before that china and russia sat down with iran's foreign minister to see where they stood. we don't know about anything of the substance of what is going on because we're not being briefed where they are. it would be tempting to think with all these senior political figures in one place many who have come from quite a distance to be here at the last minute, as you pointed out, that they're working forwards a deal. we all know that is n

a young scientist from switzerland was attracted to this area where religion nature and science intertwine. i try to see by cal in its entirety i didn't know what to expect from this place it's not that i have discovered something new here but rather that i absorb everything that this place all first book used. more than twenty five million years old. is a little over thirty. the swiss scientists travel to the banks of the oldest lake in the world by ultra light. this tiny. five hundred killers a speeds of up to one hundred seventy kilometers per hour it can fly at three thousand meters where from such altitudes you can examine the bottom of the lake because of the clear waters and his four cameras fixed to be afraid. for us if it's just a scientific endeavor but a personal one. what winds of fate brought the young scientists to the by calibration it all began with a minor research trip. here quite by chance i came up with the idea of experiments. world's oceans there are a lot of organisms that exposed to the light of a certain spectrum range emit light of a different range and i wondered

a young scientist from switzerland was attracted to this area where religion nature and science intertwine. i try to see by cal in its entirety all this that i didn't know what to expect from this place it's not that i discover something new here but rather that i absorb everything that this place offers cook used. more than twenty five million years old. is a little over thirty. the swiss scientists travel to the banks of the oldest lake in the world by ultra light. this tiny aircraft weighs less than five hundred kilos of speeds of up to one hundred seventy kilometers per hour it can fly at three thousand meters where from such altitudes you can examine the bottom of the lake because of the clear waters and his four cameras fixed to be afraid. for josefa is just a scientific endeavor but a personal one. what winds of fate brought the young scientists to the by calibration it all began with a minor research trip. here quite by chance i came up with the idea of a little experiment. world's oceans there are a lot of organisms that exposed to the light of a certain spectrum range emit light

a young scientist from switzerland was attracted to this area where religion nature and science intertwine. i tried to see by kal in its entirety i didn't know what to expect from this place. but i have discovered something new here rather that i absorb everything that this place offers. more than twenty five million years old. is a little over thirty. the swiss scientists travel to the banks of the oldest lake in the world by ultra light. this tiny aircraft weighs less than five hundred kilos of speeds of up to one hundred seventy kilometers per hour it can fly at three thousand meters where from such altitudes you can examine the bottom of the lake because of the clear waters and his four cameras fixed to be afraid. it's not just a scientific endeavor but a personal one. what winds of fate brought the young scientists to the bike out region it all began with a minor research trip. here quite by chance i came up with the idea of experiments. in the world's oceans there are a lot of organisms that exposed to the light of a certain spectrum range emit light of a different range and i wonder

from this mountain in southern germany, the view stretches all the way to austria and switzerland. as water comes from lake constance. maria and her colleagues have brought it up here from 60 meters below. it provides more than 4 million people with drinking water. the water is good quality, not much needs to be done to make it potable. germany, austria, and switzerland have built a series of purification facilities around lake constance. it's a cooperative effort between three nations. >> water doesn't stop at national boundaries. if flows across borders, so it's important to work together internationally where rivers and water basins are concerned. water providers all face the same problems and worries. >> employees of germany's lakes research institute monitor water quality for all three countries. researchers remember all too well how extreme concentrations of phosphates almost poisoned lake constance in the 1980s. today, researchers find only seven milligrams of phosphate per cubic meter of water. 30 years ago, that figure was 10 times higher. scientists and politicians agree

he preaches his hair blond to be integrated, to look as if he was from switzerland. at a football game, he is looking with all the other men, and it is italy against switzerland. at one time, the italians win. i find it beautiful and emotional at the same time. he betrayed himself through that reaction, and at the same time, it was beautiful, but at the same time, it is sad that you have to change your color or to hide it. that you have to do something like that to deny even your origin. you have to be proud of your urgent and to show it. >> you are giving me a challenge and a challenge -- giving me a challenge and yourself a challenge. what about cult? that is not something to hide behind. it is so out there, and yet, it can be quite important part of your collection. why? >> i have been very marked by the movement. -- what about punk? >> it is not like a creation, absolute. it is part of living in society. of course, the punk movement was very important. like already taken by the society in some ways. i must say that when i was going to london, i loved that. the in

a radical proposal in front of switzerland parliament tomorrow. it requires executive salaries be capped at a lower level than current strategies. imogen brennan reports on the move. >> where banks and big business thrive there are, of course, big salaries too. in switzerland they have it all. public outrage to match over the excesses of executive pay. on the weekend the socialist party's 1-12 campaign will be put to a referendum. at issue whether bosses should be prevented earning more in a month than worst paid workers earn in a year. >> some people are earning much money, and other people don't earn enough. so we want to change this. we want a fair society and economy. >> it's an idea familiar since the global financial crisis struck. in one of the world's attractive places to do business, anger took hold this year when one outgoing senior executive was paid $80 million. the national backlash forced the company concerned to cancel the pay out. damage was done to the traditional swiss relationship of trust between business and the public. those

a young scientist from switzerland was attracted to this area where religion nature and science intertwine. i try to see by kal in its entirety i didn't know what to expect from this place it's not that i have discovered something new here but rather that i absorb everything that this place offers cookie. more than twenty five million years old. is a little over thirty. the swiss scientists travel to the banks of the oldest lake in the world by ultra light. this tiny aircraft weighs less than five hundred kilos of speeds of up to one hundred seventy kilometers per hour it can fly at three thousand meters where from such altitudes you can examine the bottom of the lake because of the clear waters and his four cameras fixed to be afraid. for us if it's not just a scientific endeavor but a personal one. what winds of fate brought the young scientists to the bike. it all began with a minor research trip. here quite by chance i came up with the idea of experiments. in the world's oceans there are a lot of organisms that exposed to the light of a certain spectrum range emit light of a different

it's late night in geneva switzerland right now. a deal has been reached involving iran and six world powers over tehran's nuclear program. let's go to cnn's national security correspondent joining us from geneva right now. we're trying to connect with jim. but if he is not there, candy croley has been with us in washington. these talks are going way into the night. it's early morning in geneva, switzerland but there is a deal between iran and the six powers, the five permanent members of the u.n. security council and germany. they worked hard on this deal. it will be very, very controversial. we are standing by to hear from the president of the united states. he is scheduled to address the nation in about 15 minutes from now. but let's give our viewers here in the united states and around the world perspective on what is going on. >> wow. first of all the u.s. and iran have not had a relationship, basically, of any sort, certainly not official since 1979. we're in the month of the anniversary of the taking hostage of americans in t

this month united agenda again set in germany the view stretches all the way to austria and switzerland. this water comes from lake constance. murray a kenyan and her colleagues have brought it appeared from sixty meters below. it provides more than four million people with drinking water the water is good quality. not much needs to be done to make it potable germany austria and switzerland has built a series of purification facilities around lake constance. it's a collaborative effort between three nation us. okay truth plus i hate seafood and paints and wanted to stop and national boundaries which lies across a notice i said isn't going to act together in announcing the winner it is and what basis are concerned in on the board to provide is also the same problems and worries that i can pull tv licence although home. employees in germany's london lakes research institute monitor water quality for all three countries the goal. i'm not want that. sassy doors researchers remember all too well how extreme concentrations of phosphate almost place of lake constance in the nineteen eighties.

some see germany austria and switzerland squaw creek in efforts to protect water quality as a model for other european nations. but fishermen are so happy. if the water is to clean it lacks nutrients for pitch and that reduces the size candidates. lunch toward his father are barely able to make ends meet. they can only catch sixteen kilos of fish a day. they actually need twice that. their village alone five of twelve fishermen have quit in frustration. a tall wooden tons of wood and it's sad to see how the interesting thing is threatened by and how it will probably disappear there won't be any more professional fisherman if things continue this way a critical system and open to let the kids. this issue and one purification facilities to leave a bit more phosphate in the water so that there will be more fish in the lake eye. but the fisherman are alone in the us the eu has decided that the quality of these waters must enjoy priority over their commercial usage in debts estimated at some two hundred thousand farmers have taken that alliance since the late nineteen nineties course in a vi

we begin in switzerland where talks with iran sneak a program once again brought together four minutes is open six twelve cars. the goal of the talks that derek jeter is to reach a deal with the islamic republic which would see its sanctions that he's in return for cuts on to ron's new kit program of course bomb and jones are costas is falling off the defendants for us in geneva is the latest. people are cautious bag i want to call the success or faa east point. this intensive negotiations by ministers

airmen ended up in switzerland. 160 were sent to that prison camp for attempting escape, including the grandfather of army major dwight mears. >> that's my grand fare there. >> reporter: mears discovered during the war there were rumors u.s. airmen held in switzerland were cowards who land there had to avoid fighting. >> some of them simply assumed these airmen had reached the breaking point and decided that faced with near death they would rather sit out the war in the neutral country and learn to ski or something. >> reporter: mears spent the next a 15 years documenting their treatment was equal to p.o.w.s in nazi germany. he also petitioned military leaders trying to set the record straight. >> at first at the very beginning this was about my grandfather but as i started interviewing other airmen i came to identify with them and i felt that they were worthy of recognition. >> reporter: the air force finally agreed. they recently approved the airmen's applications for p.o.w. medals-- recognition their actions were

and you know switzerland is not saw such a big country and it's enough to have one hundred thousand signatures and we got it and now it's going on where the people who wrote about it what the interesting thing is this discussion all over the world world would be pushed on where would the money home from to pay everybody twenty dollars a month. ago we have not enough in our pockets but we think the money comes from what's what the sayings from which we live and that is goods and we are goods enough and they are money enough and so the principle is of them but my county is. if there's an unconditional basic income high enough to live from and that's maybe in the united states one hundred dollars. then the other on the other incomes will be relieved this task of live legal it means they become lower and that means the costs of production manufacturing are going deeper and lower and the prices can go down and then on the prices we're into the prices you have the sticks by an unconditional basic income would transfer us this money to this unconditional basic income so you're suggesting b

switzerland's largest bank in two thousand and eight in march swiss voters approved the so-called fat cat initiative that gave company shareholders a binding vote on managers' pay and blocked severance packages. and finally a money spent on one's education is always a solid investment so why not use some of those also returns you've been seeing on your bitcoins speculation and pay for college well now you can seriously sobers university and now is the big point is now an acceptable form of to wish in payment and not only will the country's largest university accept the virtual money it also is offering a master's degree in digital currency now the senior vice rector at the university said quote while digital currency is a relatively new concept currency is one of the oldest human inventions after needing a bailout from the european union cypriot economy is still recovering and the university is encouraging its government to turn the country into a big coin hub well there you have it but we're tracking these stories and keeping you posted on all the latest. now as we mentioned before t

he's in switzerland. twice today, he met with officials. still, the outlook for an agreement is not clear. it's after midnight in geneva. matthew chance is also staying up late. matthew, john kerry plans to leave switzerland tomorrow, which is hours away. does that necessarily mean no deal? >> reporter: i think it means, martin, this negotiation reached a critical stage. the announcement by the state announcement that john kerry is leaving for london. he's meeting there with his british counter part to discuss iran and syria. he's also going to meet with the prime minister in london as well. it sets the deadline for the negotiations. they can't go on indefinitely. it serves the purpose to add pressure to the negotiations taking place all throughout the day, the past four days, in fact and continuing into the night. we know that right now, john kerry is at a meeting with his colleagues from the p-5 and the other five security council plus germany discussing the differences they have at this late stage with a iranians over the controversial d

switzerland's largest bank in two thousand and eight in march swiss voters approved the so-called fat cat initiative that gave company shareholders a binding vote on managers' pay and blocked severance packages. and finally a money spent on one's education is always a solid investment so why not use some of those also returns you've been seen on your bitcoin speculation and pay for college well now you can seriously you can sobers university and now is the big point is now an acceptable form of to wish in payment and not only will the country's largest university accept the virtual money it also is offering a master's degree in digital currency now the senior vice rector at the university said quote while digital currency is a relatively new concept currency is one of the oldest human inventions after needing a bailout from the european union cypriot economy is still recovering and the university is encouraging its government to turn the country into a big coin hub well there you have it but we're tracking these stories and keeping you posted on all the latest. now as we mentioned bef

has changed switzerland remains one of the most secretive and one of the least co-operative jurisdictions in the world. well you know there is currently around three hundred thirty billion pounds in british banks that's been repatriated from u.k. overseas tax havens so a lot of money does and up back in the economy are what is your view on you know the flows of a finance i mean it wouldn't be economic suicide to let this money go elsewhere. not at all and if you take the example of london you know which attracts huge sums hundreds of billions of. dollars every year from from across the world does this money you know chile contribute in a positive way to the british economy very very difficult to say yes but there's plenty of evidence that money is simply in treating property prices in london and of directly harming the british economy. with that money be better used elsewhere if for example the money was retained in let's say russia or africa and invested in productive activity there the answer is almost certainly yes it would be better if that money stayed in the country of origin and wa

the scientist from switzerland. paid off the weather has improved allowing the scientists to work. on the banks of . the biggest river flowing into by providing around fifty percent of its river water. is a powerful filter that cleans before it gets into the lake. will continue working next to. the river bed. changed. developing changing. very important. rich with a constantly circulating from the bottom up. keeps itself clean. safely be drunk straight from. here. do you feel that this lake. this unique nature. has when you emotional state. by cal through its beauty individuality and energy can reconcile science with man's belief in supernatural powers scientists might look for answers to any question but it doesn't mean that everything will be explained one day. that's a completely different approach towards goals of science differ from those of folklore. you can't escape these legends like the fisherman who carry out their rituals every time before they leave. god that needs to be placated we should treat him to a little wine or even if you feel like it drink some yourself. oh th

that is not today's switzerland.land famous for attracting capital, is now going to put it on a ballot, swiss

the scientist from switzerland. paid off the weather has improved allowing the scientists to work. on the banks of . the biggest river flowing into by providing around fifty percent of its river water. is a powerful filter that cleans before it gets into the lake. gathered. continue working. changed. developing changing. very important. rich with a constantly circulating from the bottom up that keeps itself clean. can safely be drunk straight from. here. this leak. this unique nature it. has when you emotional states. like health through its beauty individuality and energy can reconcile science with man's belief in supernatural powers. scientists might look for answers to any question but it doesn't mean that everything will be explained one day. that's a completely different approach towards goals of science differ from those of folklore . you can't escape these legends like the fisherman who carry out their rituals every time before they leave. god that needs to be placated we should treat him to what a wine or even if you feel like it drink some yourself. oh there's one. where i

it was backed by switzerland a young socialist,usiness leaders and critics warn it would weaken switzerland'stitiveness. >> to iran. senior iranian aviation executive were dng preliminary window shopping at dubai air show, iranian airline are banned from buying new passenger planes from airbus and boeing. one aviation expert said, if the sanctions are lifted there would be a spending spree, not just planes but life jackets and landing gear, airaft engines, flight masks. >> landing in germany a thousand amazon employees participating in -- two the of locations protesting wages and benefits they want amazon to adopt a industry wide industry agreement for employees rather than its own pay scale among benefits a christmas bonus for a 13 month salary, which is custom in germany, where do we get that? what is christmas really about? >> presents, i suppose. melissa: all about presents, expensive presents, a recent study showed one in four couples cover-up or just lie to their significant other about the amount of money they spend while holiday shopping, is this just the t of the iceberg or a slipper

the scientist from switzerland. paid off the weather has improved allowing the scientists to work . on the banks of. the biggest river flowing into by providing around fifty percent of its river water it's a powerful filter that cleans everything before it gets into the lake. will continue working next to. the river bed. changed. developing and changing. very important. rich with a constantly circulating from the bottom up that keeps itself clean water can safely be drunk straight from. here. do you feel that this lake. this unique nature. has when you emotional states. like hell through its beauty individuality and energy can reconcile science with man's belief in supernatural powers. scientists might look for answers to any question but it doesn't mean that everything will be explained one day. that's a completely different approach towards goals of science differ from those of folklore. you can't escape these legends like the fisherman who carry out their rituals every time before they leave. god that needs to be placated you should treat him to a little wine or even if you feel

of state jn kerry and the foreign ministers from other five world powers all smiles in geneva, switzerland as they announced the deal in the wee hours, president obama then making a rare saturday night statement from the white house. >> today that diplomacy open a new path to a world that's more secured. future that we can verify that iran's nuclear program is peaceful. >> we should say here, not everyone agrees that this deal will make the world safer. >>> let's go straight to terry moran, right there in geneva, watching this whole thing play out. terry, good morning. terry, walk us through the nuts and bolts of this deal first. >> reporter: dan, what an extraordinary scene it was in the wee hours in the hotel behind me. this is a temporary deal but still a big deal. iran has agreed to freeze much of its nuclear program and it has agreed to open key nuclear facilities to daily inspections by foreign officials. what does iran get? money. $6 billion to $7 billion in sanctions relief. and finally, this is a temporary agreement, six months to buy time, build confidence, trying to achieve a co