to deutsche read telekom and jayantha -- to a georgia telecom giant. -- anddestche telecom giant. >> for builders of industrial machinery, just keeping pace with demand means working flat out these days. it is a similar picture throughout germany's export industry. despite the euro crisis and upheavals in the arab world, german exports are outstripping role -- global economic growth. in 2010, companies exported goods and services worth 952 billion eus. this year, the german federation says that figure will exceed $1 trillion -- will exceed one trillion euros. as a comparison, the world leading exportist, china, hit that mark one year ago. th are expected to hit almost 16% more this year. china is expected to stay at the top. >> investors arunseled by greec's problems and the general outlook. >> the probable resounding of greek debt to lower share prices will affect the floor, especially finances that have been hit not only here, but also all over europe. it was a weak start into the new week anyway. the market has been driven down by concerns about european economy. although, there h

eighteenth ease reconstitute itself is eighteenth one is this town when it comes to telecom policy is so powerful be happy to give more money to the card was that if you have a telecom company really consider this merger would result in control of eight nearly eighty percent of the wireless market would be controlled by eating see him a team of really ninety percent of revenues so pieces will become one company or this is in this is shop this is shocking for folks who are and you. can actually sort of. competitors i think it's more credit is given of a major competitor in their amazing joseph thanks for the great work you have to keep it up and good good and all the great folks of your prospective that we need more groups like free press standing standing up to this increasingly corporate corporate control. not only are millionaires and billionaires in america contributing to massive wealth inequality within our borders are also playing their part in the massive wealth inequality around the planet according to a new study by the boston consulting group around one percent of global pop

particular ross telecom m.t.s. looks interesting in that respect in the utility segment it's a very difficult sector as well because you have the problem with the elections but in a downturn it looks like utilities are doing pretty well and over the last couple of weeks to have actually been performing quite reasonable and in that space we like to hold in for example gold hydro generators probably better in the in the durations segment while the small business so that soule be back unless someone else time to update you on the latest business story is a new can get more from a website r.t.r. console ash business. coming to. the. culture is that so much of its next mayor is limited to one hundred six years of a real mystery and it's going to be early and it's meeting with destiny the greek government survives a vote of confidence as its crushing debt ordeal continues unabated. on. the beach. the libs just say the beasts abandon the books on. the book. twenty years ago when the largest country in. the sense of the. s

major move rule friday off today telecom. thought a person prided trading today was also sars proved to burst in black. friday. so it's true. no one knows why the screw can induce talk. this was the major source of volatility all the stocks are trading quite boring. the first russian insurance i.p.o. may happen soon is this year the country's largest insurer also got struck has taken a six hundred forty million dollar loan to prepare for the listing analysts say the company could be worth more than two billion dollars. retail lending in russia is to receive a facelift with the addition of a strong new player the country's largest lend a sperm bank is teaming up with. russ and russian subsidiary joint fed eventually in-store loan offices in many retail stores across russia then about three years the company is expected to donate what's around a thirty percent market share analysts suggest that the company's key competitive advantage will be rooted in its low interest rates spag is set to seventy percent of the new b.n.p. patty

particular ross telecom and m.t.s. looks interesting in that respect in the you didn't segment it's a very difficult sector as well because you have the problem with elections but in a downturn it looks like you to listen to them pretty well and over the last couple of weeks to have actually for the quite quite reasonable and in that space would like those hydro must be holding for example to go into hydro generators probably better in the in the duration segment that's the latest we have business will be back with more into. wealthy british scientists saying. it's not time to rise on. market why not. come to. find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines. car is a repeat.

particular ross telecom m.t.s. looks interesting in retrospect in the utilities saying that it's a very difficult secular world because you have the problem with the elections but in a downturn it looks like utilities are doing pretty well and over the last couple of weeks to have actually been performing quite reasonable and in that space we like was hydra must be holding for example a good hydro generators probably better in the in the deliberations segment rather small business so that some i'll be back unless someone else time to update you on the latest business stories and you can get more from the website archie or concierge business. the book. coming to. the. culture is the semantics fair islam is it is never a real commitment to be here and it's meeting with the best in the greek government survives a mode of competence as its crushing debt ordeal continues unabated. the be. the best subsists pick the best. the be. twenty years ago in the largest country in. the sense of. the. subcontinent kimiko began to.

telecom equipment from calcutta and sun. and here in russia stock exchanges closed in the red on negative sentiments over greek sets was extended many percent lower and the r.t.s. lost under eight percent let's have a look at some individual share moves on the rise explorer majors are among their main losers following the downturn in crude cross and have ended in the red well look all finished slightly higher ranking stocks were also under pressure was losing half percent. russia setting up its own national pain and system on the line aligned with visa and master card and signed into law by president medvedev and it's a good boosting competition in the credit card market but arest chief editor of business new york magazine explains the advantage of creating such a system first from scratch russia has this advantage in so much as a lot of these systems that putting in place they're doing it from scratch so you know it's obvious never had any of the stuff for the cost of exists and so they go straight to states which means the

on off today was ross telecom which serves her purse friday trading today was also stars fifteen percent in black were novice trading. so it's true volatility of their own no one knows what scruton in this talk but still this was the major source of volatility other stocks are trading quite boring the ten billion dollars russian direct investment fund has just come into action after it was officially launched at the since petersburg economic forum last week that amir dimitri have chairman of e.b. bank outlines the funds plans for this year. i think that will do one of two deals before the year and i don't think the zero which is around two billion dollars will be full. but i have the feeling that will made jointly raise a bald half a billion dollars to implement specific projects sums and that brings you up to date for this hour's business will be back with more in just under an hour's time stay with us with headlines from kevin next. to. emission free critique free storage free. range free. three stooges free. food free broadcast video for your media project a free media. dot com. kevin

major move friday after there was ross telecom which serves. frighted. was also as high as fifteen percent in black hole. so it's true volatility of their own no one knows what scruton induced stock was dubious was the major source of volatile to other stocks are trading quite boring the ten billion dollar russian direct investment fund has just come into action after it was officially launched and since petersburg economic forum last week a lot of media dimitri have chairman of the bank outlines the cons plans for this year. i think the warm a good deals before the year and i don't think that this year a location which is around two billion dollars will befall you it's a list whatever the feeling that were made during flurries about half a billion dollars of nonspecific projects sums and that brings you up to date for this hour with business we'll be back with mine in just under an hour's time stay with us with headlines from kevin next. to. play mission free play cretaceous and free plans for charges free.

has reconstituted itself is eighteen to ones this town when it comes to telecom policy is so powerful would be happy to give more money to include members of congress and yet the telecom company we're really concerned this merger really resulting in charlotte eight nearly eighty percent of the wireless market will be. nearly ninety percent of revenues so this is will become one company or if this is in this is shot this is troubling for folks who are you know. what i've said all competitors. is getting rid of a major competitor and amazing joseph thanks for the great point you gotta keep it up and good are good and all are great folks of progress thank you so much that we need more groups like free press standing standing up to this increasingly corporate corporate control. not only are millionaires and billionaires in america contributing to massive wealth inequality within our borders are also playing their part in the massive wealth inequality around the planet according to a new study by the boston consulting group around one percent of global population controls thirty nine perce

the maker of phones and telecom gear is the latest tech firm to tap into a resurgent i.p.o. market. the offering values avaya at over $5 billion. while it's business has suffered from weak telecom spending, the company has recently inked a series of partnerships with h.p. and i.b.m. >> tom: just a reminder: you can catch us online at n.b.r. on pbs.org. and once you're there, you can watch any programs you may have missed. you can also follow us on twitter at biz report, or my personal feed at hudson n.b.r. if tweeting isn't your thing, friend us on facebook at biz report. >> suzanne: how much would you pay to have lunch with warren buffett? before you answer, consider this: you get to dine at a top new york city steakhouse, and you can invite up to seven friends. the bidding for the annual auction wraps up tomorrow night, and it's already at $2.3 million. last year's winner paid $2.6 million for lunch with the oracle of omaha. profits go to the glide foundation, a san francisco- based anti-poverty charity. tom, if you win the bidding, the lunch is tax-deductible, but there are no re

high functioning telecom relay stations for the far flung residence and resources of so many russian regions. necessity and it . oversees six thousand kilometers of pipelines in some of the world's most isolated regions so the transmitters that monitor their condition have to hold up largely on their own. most electronics are fairly temperature sensitive but your mic on is testing their receiver transmitters from a balmy fifty above all the way down to a frosty fifty below. it's precisely that degree of expertise and experience that telecom big shots nokia siemens cited when selecting the. russian joint venture aimed at producing the backbone for the country's first nationwide four g. network siemens will send some of their forces to the special economic zone in a project ten thousand l.t.e. base stations a year. brings its own scientific base and original solutions to the project particularly in the field of a lot of technology we are planning to include gallium arsenide. when that comes online later this year mcclellan will have made yet another contribution to the vital infrastruc

it's precisely that degree of expertise and experience that telecom big shots nokia siemens cited. as a partner for its russian joint venture aimed at producing the backbone for the country's first nationwide four g. network. forces to the special economic zone in a project ten thousand l.t.e. base stations a year. brings its own scientific base and original solutions to the project particularly in the field of not. we are planning to include our snide middle class . values and. when that comes online later this year mcclellan will have made yet another contribution to the vital infrastructure big keeps russia connected and just as they were to ensure the viability of every invaluable uplink they'll be working to ensure the information bridge to the future starts today and. most of the water in and around homes is plenty clean enough for leisure activities like a lazy day out fishing and the occasional summer swim so you probably will catch anybody drinking it straight from the source a local beverage producers have even higher purity standards to meet fortunately a filtration meth

french equities rose boy by strong gains telecom equipment. came in russia's stock exchanges close in the red on monday on negative sentiment over greek debt. nearly half. under. now let's have a look at some individuals. who are among the main loses the down time crude. in the red. slightly higher ranking stocks were also on the pressure was closing. mark. the day. russia started off on the green given you know a bit of a positive outlook towards the greek problems and deal surly plan that is supposed to come through in the through the week but then the focus has been shifted also to italy and they all their peaks so people are just wondering whether this is going to be enough or it's going to carry on through tightening banks and how that's going to affect actually the russian market to us and how that's going to have a global impact in russia specifically you see the old price coming off and then russia actually has been there lagging a bit in the last few days just because of that impact and also the dollar has been stronger and that has a

that has anything to do with telecom or any regulated entity while they are serving at the commission. they should wait until they leave to do that. my only concern about the letter is, i do not know that you want a lifelong ban for working for those entities. in some ways, i would go further than they would tu. host: what about the at&t-t mobile merger? should go through? guest: i have been quiet on that. i will explain why. mergers are fact-specific. not sure really willing to dive into the details, which require a lot more reading and i am willing to do about the merger. i do not think that someone like me should opine on it. page document. i have not got all the way through it yet. because of my role with the broadband plan i am hesitant to say something that could be interpreted in various ways that i did not intend because it is not what i'm working on these days. i will say analytically, it has been interesting to me the extent to which at&t has promised some of the merger on the broadband plan, which i find interesting. i do think you represent the people recognize the goals o

particular telecom and m.t.s. looks interesting in that respect in the utilities segment it's a very difficult sector as well because you have the problem with the elections but in a downturn it looks like utilities are doing pretty well and over the last couple of weeks to have actually been performing quite reasonable and in that space would like to hold in for example a go would hydro generators probably better in the in the duration segment or western as on capital there and you're up to date now with more in an hour's time. culture is the same moment taxpayers' money i mean to him a real mystery may be your own and it's meeting with destiny the greek government survives a vote of confidence as its crushing debt ordeal continues unabated. the eat. the limits of the best sleep the beasts and. the so. on.

telecom is thinking abusing for the third straight sessions down one percent four percent jews they are eight percent on monday this is still on the news that was telecom will be part of the state privatization program whereas as you saw that effort is gaining despite hesitation as to what its next partner will be i was going to have more on that next hour with other stories in fifty minutes time to you know. the. hungry for the full story we've got the first the biggest issues get a human voice face to face with the news makers on our team. today children play war in the old teach me. but in june one hundred forty one these walls were the first barrier fell and as the troops on their way to moscow. the tourism breasts were dying one by one under ceaselessly. water. in the last shelter an unnamed soldier left a few simple words farewell mother. dying i'm not surrendering. wealthy british style. markets by now.

i think valuation wise you want to look at buying some telecoms and particularly gas looks cheap but you know really long term it's not going to do very well in my view as they have done over the last sort of ten to fifteen years if you're looking at momentum trades i think that's again a very difficult one i would go defensive since you believe in a downturn in the market in all possible would be telecoms utilities because it was people's. more aggressive to finance them into the fold if you more bullish on the market. if you and i think this is actually traded you should plan on going to should always have on in russia is that you go for the corporate governance structure has cut literally supplies to bill or was by half because the troubled country has not paid a fifty million dollar bill power generator into route world reportedly stop all power transmission if the money isn't thought coming supplies to the baltic countries should not be affected even though there was a transit country. and russia has come out it is speeding up the association of european businesses says sales ju

ordinary shares in ras telecom are losing more than four percent the massive selloff followed a rally early this morning when shares rose thirteen percent analysts attributed the rise to the inclusion of telecom shares in the r.t.s. index and on expectations that the stop will soon be included in the m.s.c.i. index energy majors are suffering losses drank down by the oil price gazprom is in the red despite its announcement of a twenty six percent in. greece in its forecast for this year's european exports bank is also down point seven percent more like company in just a moment. the first russian insurance i.p.o. may happen as soon as this year the country's largest insurer ross got struck has taken a six hundred forty million dollars million dollar loan to prepare for the listing analysts say the company could be worth more than two billion dollars. retail lending in russia is to receive a facelift with a strong with the addition of a strong new play on the country's largest lender spur bank is teaming up with b. and p. paribus russian subsidiary the joint venture will install mon off

particular ross telecom and m.p.'s looks interesting in retrospect in the utility segment it's a very difficult sector as well because you have the problem with elections but in a downturn it looks like utilities are doing pretty well and over the last couple of weeks they have actually been performing quite quite reasonable and in that space we like must be holding for example a goal would have hydrogen raters probably better in the generation segment that's the latest we have the in business will be back with more in just under one. wealthy british scientists now but on the title of the book. market finance come to. find out what's really happening to the global economy with max concert for a no holds barred look at the global financial headlines tune into cars a report on our. the for. more news today harlan says once again fled up the field these are the images the world has been seeing from the streets of chatter back to for trying to hope for a shelter on the day the but. the mission creep couldn't take should b

looking at individual share moves on the my sex ordinary shares and ross telecom lost almost eight percent the massive selloff followed a rally early this morning when shares rose thirteen percent analysts attributed the rise of the inclusion at the inclusion of ross telecom shares in the r.t.s. index and on expectations that the stock will soon be included in the m.s.c.i. index energy majors suffered losses dragged down by the oil price gazprom ended in the red despite its announcement of a twenty. six percent increase in its forecast for this year's european exports banking stocks were also under pressure back last point six percent during the day getting cut your ass off at capital wraps up monday's trade. off the markets have close or rather lost really. we haven't seen a strong positive more swell of course the markets do try to find some ground but still that are said to much optimism what i think is connected to the uncertainty with greece on friday we had moderately positive news with. german and french officials the big term the common position regarding greece. nor single nor str

i think valuation wise you want to look at branksome telecoms and particularly gas looks cheap but you know really long term it's not going to do very well in my view as they have done over the last sort of ten to fifteen years if you're looking at momentum trades i think that's again a very difficult one i would go defensive if you see you believe in a downturn in the market in all process i would be telecoms utilities consumer staples i would call more aggressive i do finance them into the fold if you more bullish on the market if you and i think this is actually a trader you should turn on and should always have one in russia is that you go for corporate governance. russia has how electricity supplies to bed i was because the trouble country is under paid fifteen million dollars power generator into raul will record at least stop all deliveries of payments on brought up to date it was earlier said supplies to both countries will not be affected even though there was is a transit country and russia's car market is speeding up the association of european business is sales jumped aroun

after the japanese prime reiterated its outlook and french equities rose boy by strong gains put telecom equipment for alcatel the stock. came in russia's stock exchanges close in the red on monday on negative sentiment over greek debt from isaac said that nearly half a percent lower under the sun now let's have a look at some individual channels on the my xix paul majors who are among the main loses following the downturn in crude gross nafta ended in the red by a look culprit or slightly higher banking stocks were also under pressure was paradigm closing half percent marco castle such a pitch that wraps up the day's trade. russia started off on the green given you know bit of a positive outlook towards the greek problems and the austerity plan that is supposed to come through and through the week but then the focus has been shifted also to you know you have the all their peaks so people are just wondering whether this is going to be enough or it's going to carry on through telling banks and how that's going to affect actually the russian market to us and how that's going to have a glob

i think valuation wise you want to look at buying some telecoms and particularly gas looks cheap but you know really long term it's not going to do very well in my view as they haven't done over the last sort of term to fifteen years. if you're looking at momentum trades and i think that's again a very difficult one i would go defensive is to believe the downturn in the market and all process i would be telecoms utilities consumer staples i would call more aggressive i do finance them into the patrol it's a more bullish on the market if you and i think this is actually a trade as it should turn on i should always have one in russia is that governments . russia is how they have tricity supplies to bellow because they travel the country has underpaid fifteen million dollars generator in toronto will reportedly stop all deliveries of payments on brought up today it was earlier said supplies to baltic countries will not be affected even though belo was is a transit country. so i have for you this hour you can always imo stories just log on to our website i did accomplish this that's. it

its shares and enterprises in the next three to five years this really to deploy national energy telecom and transport sectors. and russia's biggest airline air flight is the latest company shadow for privatization according to russia's finance minister the sale will take place within the next three to five years the state owns around half the company and the size of the stake to be privatized is yet unclear the government has to sell a number of assets in the future to raise up to twenty five billion dollars. crude oil futures declined on lingering concerns about oversupply this comes after the international energy agency decided to release some teachers serves on the market. range to between eighty and one hundred dollars per bet it is reasonable. and produces and there's a number of the prize reasonably wouldn't be being dismissed there is no need for anybody to panic there is plenty of oil. that's been deployed in the ground is capacity available it's limited to insufficient to madrid the market into the really really difficult to. light sweet is currently trading at around ninety do

this morning when she has rose thirteen percent analysts attributed the rise to the inclusion of telecom shares in the r.c.s. index and on expectations that the stop will soon be included in the m s c i index and as you may just suffered losses dragged down by the oil price gazprom in the red despite its announcement of a twenty six percent increase in its forecast for this year's european exports banking stocks were also under pressure to spur bank one point six percent during the day getting. the capital that monday's trading. after the markets half close or rather lost there are. strong positive more swell of course the markets do try to find some ground. but still too much optimism i think is cannot provide certainty with greece on friday we had moderately positive. german french or the picked common position regarding greece or nor single nor strong decision has been made so about section of the man problem for the markets which. markets rebound. the first russian insurance i.p.o. may happen as soon as this year the country's largest insurer ross gus truck has taken a six hundred fo

did in 2007, if you'd had it a year later after the financial crisis which has nothing to do with telecom, you'd have a very different forum so -- a very different result. the projections, obviously, are a very important tool, but the fundamental point is not about using spectrum to raise money. it is about using spectrum to create competitive, innovative, dynamic markets that drive economic growth and productivity. >> host: so enough money for both or not? [laughter] >> guest: well, the truth is i don't know. i really don't know. you have to make an estimate. and it would be great if there was, but again, i hope the decision makers focus not so much on the -- i mean, the money will drive the process to some extent, but the fundamental thing, again, let's make sure we have spectrum policy that drives competitive, innovative, dynamic markets. >> host: mr. levin, do you agree with julius genachowski that there is a looming spectrum crisis, especially when it comes to the new tablets and smartphones, etc. >> guest: absolutely. and it's funny, we did our estimates prior to the ipad coming out

stick to defensive names and there will be telecoms particular us telecom and m.p.'s looks interesting in that respect in the utilities segment it's a very difficult because you have the problem with the elections but in a downturn it looks like utilities are doing pretty well and over the last couple of weeks to have actually been performing quite reasonable and in that space would be holding for example gold hydra generators probably better in the in the duration segment is a western at on top of their. state now with more in an hour's time. sick the. coming. culture is the same the taxpayers' money was is going to remain and it's going to be here and it's meeting with destiny the greek government survives a hold of competence as its crushing debt ordeal continues unabated. muck. the limits. let's just say. see. him go for. six six six. six. six bring you the latest in science and technology from around the first stump the future of coverage. yeah.

this morning when shares rose thirteen percent alice attributed the rise to the inclusion of ross telecom shares in the us yes index and on expectations that the stock will soon be included in the m.s.c.i. index and as you may just suffered losses dragged down by the oil products gazprom ended in the red despite its announcement of a twenty six percent increase in its forecast for this year's european exports. and that brings you up to present business for bring you up to date with business but this hour we'll be back in just under an hour's time stay with us now. hungry for the full scale we've got it first hand the biggest issues get the human voice face to face with the news makers on t.v. . if. russia would be so much brighter if you found someone from funniest impressions. these flu fronts on t.v. .

thousand and eight looking at some individual share moves on the my say it's now ordinary shares and telecom lost almost eight percent the massive sell off followed a rally early this morning when shares rose thirteen percent analysts attributed the rise to the inclusion of telecom shares in the r.t.s. index and on expectations that the stock will soon be. and the m.s.c.i. index and if you may just suffered losses dragged down by the oil price gazprom ended in the red despite its announcement of a twenty six percent increase in its forecast for the c is european exports. and that brings you have to present business for bring you up to date with business but this hour we'll be back in just under an hour's time stay with us now. for the full story we've got it from. the biggest issues get a human voice face to face with the news makers. which brighten if you only bounce from funds to pressure. these funds don't on t.v. don't. feel. me. hello this is our team from moscow my name's kevin owen here with you this hour with a headline update nato admits it launched the air strike that killed nine c

. >> finance is the biggest but telecom et cetera and the government service of those industries at the expense of the liberty freedom choiz and opportunity of human beings. >> the argument i believe in. the free market argument is in a free economy, companies make businesses by best serving the -- >> customers. >> but you look at wall street over the last ten years, you can't see how they are serving any real demand. there is a great article i will recommend to all of you guys by tyler callin a couple months ago called the inequality that matters. he says that the profits that suck in all of the best minds because that's where the money is, these are people that buy and sell things and don't do what wall street is supposed to do, which is make capital flow to economies. >> i love that article. and what tyler says is that the big problem is regulators have fallen behind the -- >> that's right. >> no, tim you quoted tyler's piece for the conclusion of tyler's piece is regulators don't make as much money as the mart guys on wall street so the smart guys on wall street are outmaneuvered. >

american telecom companies built the chinese telecom system to a great extent. american companies are building their automotive economy to a fair extent. i don't know if they get a fair shake but if they have the same sharecropper outcome test that you just objected they would never allow motor ola to go to china or gm or ford or anybody else. [inaudible] >> just for the benefit of folks upstairs that the american companies invested in china are not government-owned companies. we, as you know, pat, 'cause you've been involved in the legislation, have considered over the years whether to trea government-owned companies differentve in terms of their right to invest in the united states. and we've chosen not to. we have a slightly higher degree of screening for them under fensa after dubai just dating backof three or four years but that's only screening for national fesecurity. it doesn't have to do with them as a owner or a player in the american economy. we've chosen not to take that route of having a two-tiered system and it's worked pretty well for usco to date