if you don't want to buy tata steel, what do you like?> in fact, the way the markets are right now, we are not suggesting people to buy anything. i mean, not now because, like i said, it's like the liquidity which is driving the markets and you don't know how long this money is. it is no policy action at the ground level and policy action at the ground level seems difficult because this government has been able to raise the prices by a rupee and a half or two. so if the government is not able to take any action, at least in the next couple of weeks, i don't see the economy really divided from here. that means that the hot money which has come in in the last couple of months could flow out. so it doesn't make sense investing in the markets at this point in time. i think it's better to wait and watch. so until you see markets at high levels from here, because of liquidity flows. >> quickly on cole india, we know their profits are expected to look better. coal price res declining, so do you expect them to match this performance going forward

there are a couple backbone companies like level 3 or tata that own their own cables. they're often the basic unit is their renting they're leasing, of a certain number of 10 gigabyte per second waves of light. as might a google. google or facebook both run big global networks of their own. at a big enough level they will also be leasing a 10 gigabyte per second or 40 or 50 of them across the atlantic. so that's -- they will either have agreements or all buy capacity on each other's cables. so if one cable is cut they are already have space reserved on another cable as backup. and the problem the englishmen who run the cables like to say that the capacity is cheap as chips. always getting cheaper because the, if, at the moment the major, the dominant unit is this 10 gigabyte per second wave, you can switch out what are called the line cards. these things look like a stick of or pack of wrigley's gum are incredibly dense and cost about as much as a laptop. pop out the 10 gigabyte per second once and put in brand new 40 gigabyte per second ones and spend a lot of time to

bridge the drawn the true violence they have seven mission in syria with a veteran algerian diplomat tata to replace coffee and on the news line an arab league envoy. to washington moves to plan syria's future without president that's something that's first brush up on damascus as hillary clinton comes to turkey for talks the u.s. secretary of state has once again pledged more support for the syrian opposition. to us is a designed to deter iran shows there is no nuclear weapon and that what upsets us and leading paper reports that an israeli strike on iran could come before the u.s. presidential election unleashed a possible rift between the two sides. and right now to ruffle the feathers of the richest one percent has marks. cause or this is a cause a report we've got a turf war brewing on the global banking say we do in the u.k. and the us still see max and all of my headlines here we have lang grabs and power grabs and just plain ole money grabs labor m.p. john mann attacks anti british bias by u.s. regulators and call for money laundering inquiry john mann who is a member of the treas

have to prove she is fit to parent her five-year-old after dressing her up like dolly parton fake tatas and all? who should we be more concerned about, the crazy mommies or the pageant tree? and is the race officially over? we have the topless paul ryan shot that will sway any right minded woman including bill schulz. the most powerful political story of the year don't you think? >> i would say this or any year, remi. let's welcome our guests. i am here with meet the boss reporter anna gilligan. and it is actor and singer who is in "geek kill and hyde." -- "jekyl and hyde" and next to me is a first time guest. welcome pat healy. it opens in selected theaters this weekend. we will talk about that later. gitmo is more like kitmo. thank you, thank you very much. guantanamo bay says one detainee was reportedly rewarded with a cat. a bin laden translator sent a letter to his defense attorney saying, quote, dear mr. warner, he has a cat. he is a high value eddie tan knee who -- valued detainee who agreed to testify. so pre i'm blee the pet was a perk. in a separate letter, he wrote to his att

boutique firms that only own cables, and then there's a couple of backbone companies like level three or tata that also own their own cables. and they are often the basic you know, they are renting or leasing a certain number of 10 gigabit per second wavelength of light, as google. google or facebook both run a global networks of their own, and at a big enough level whether also leasing 10-k per second or 40 or 50 of them across the atlantic. and then they will all either have agreements or all by capacity on each other's cables. so if one cable is cut, but already have space reserved on another cable as backup. and the problem, the englishman who run the cables like to say that the capacity is cheap as chips. it's always getting cheaper because if at the moment the dominant unit is a 10 gigabit per second wave, you switch out what are called the line cards, these things that look like a pack of wrigley's gum and are incredibly dense and cost about as much as a laptop. so you can pop out the 10 gigabit per second in putting the brand-new 40 gigabit per second once and then spend a lifetime tu

we're waiting on results from newcrest mining, australia's largest gold producer, and tata steel, india's biggest steel firm. ross, you have to wonder whether we should be on central bank action watch, pboc watch, given the weak chinese figures this morning. >> yeah, and they do things on the weekends, as well, so we'll see. >>> still to come on the show, london has been on a high for the past two weeks, but will the feel-good factor of the success of the olympics make a big difference to the capital here? what the mayor of london thinks, after the break. [ male announcer ] this is the at&t network. in here, every powerful collaboration is backed by an equally powerful and secure cloud. that cloud is in the network, so it can deliver all the power of the network itself. bringing people together to develop the best ideas -- and providing the apps and computing power to make new ideas real. it's the cloud from at&t. with new ways to work together, business works better. ♪ >>> welcome back to the program. well, today's the big day for manchester united. they're going public on the new york s

i do agree with the notion that i am tata, the deficit and you will remember when my friend across the riverrmicko was once quoted why do we need republican governor? we have got dean. [laughter] that was before the i was scream speech. [laughter] >> i do think we should go over the fiscal cliffs.shingtonb there is no chance we will go back to the tax rate of he bto t clinton and we need to. se also the defense budget rters to be cut.ua they're both the things that are painful for us on the progressive side according to the cbo and we will see the 1.3% decline and then an increase.reit's a ver it is a tough price but it these guys are out to lunch. th we cannot go one with these w deficitse. that was a long time ago the anore t regime has gotten worse. i' as a liberal democrat all ofe fo those schools changes is because we had a stable budget. when we cut taxes and cut expenses end laid the framework you can do that if youf don't care. o u have h to have a base ofseet fiscal responsibility. i think th that is important and iink anytn don't think anything wille get done. i don't blame t