i am at the labour market. in our view, the slow recovery of the labour market was a reflex low growth and the demands for goods and services with the smaller role. we think there is considerable slack. and specifically we think the economy is less 6 million jobs short of where it would be if the unemployment rate went back down to its pre recession level and the labor force participation rate went back up to where it would be with of the current cyclical weakness. the unemployment rate grasps three late last year obviously went up very sharply in has reversed a little more than half of its increased since before the recession. a net increase from the end of 2007 to the end of last year was about two percentage points. we think that of that roughly two percentage point increase about one percentage point he can be attributed to cyclical weakness in demand for goods and services have roughly can be attributed to structural factors the erosion of skills, rising from long-term unemployment and the other half to a d

it was a maneuver by the labour party. d restore tension between the prime minister and the speaker. >> if there was a labour party or a liberal party member a let it, would the speaker change? the speaker doesn't necessarily change because of change of administration. no. they tend to do just under a , and it probably wouldn't alter it, though the speaker should sometimes be an issue where there was one occasion like the general election in 1964 when labor had their breadth majority in house of commons. the speaker died unexpectedly who had been a conservative and labour didn't want to put up a speaker because that would rob one of the three or four in the majority. there were certain shenanigans there. they did end up with the labor speaker. just because of the change of administration it wouldn't necessarily need to change the speaker, although if a political party really wants to get rid of a lien onr they put him or her. pre-k's a brief description of the three major parties and what they stand for. if you are a member

now we can see the risks. labour- a risk to jobs, a risk to the recovery, and a risk to the future of britain's security. >> jeremy brown. >> the severe flooding on the somerset levels is causing acute distress to the people who live in that area. will the prime minister give a commitment today both to take immediate action to try to clear the flood water from the somerset levels as soon as possible, and to put in place a long-term plan to try to make sure that this does not happen again? >> i can give my hon. friend both those assurances. cobra will be meeting again this afternoon to explore what more we can do to help the villagers in the somerset levels. the current situation is not acceptable. i can tell him that it is not currently safe to dredge in the levels, but i can confirm that dredging will start as soon as it is practical, as soon as the waters have started to come down. the environment agency is pumping as much water as is possible given the capacity of the rivers around the levels, but i have ordered t

>> our analysis of the affordable care act affects the labour market under crow law. the prospective effects of a minimum-wage increase on a labor market more less is independent. the labor market is affected by lots of forces all the time. federal policy, only one piece of what is happening. so for the affordable care act we estimate that there would be a reduction in the supply of labor because the affordable care act reduces the incentive to work by little bit through a variety of channels. and i think you should think of that as a more less separate question from what the effects of the minimum wage increase would be. as you know, the men always increases affecting employer demand for workers. but the difference stops with that. if the minimum wage increase or estimated passed into law in our future projections on the economy would take on more depth as well as other features of the tax code as well as the economy, so there is no particular interaction between them. >> brian. >> right. >> on those same two issues, as this first order? the obamacare act peace, does

. >> i want to jump in on the labour and environment bid. ave to consider whether we are thinking about the u.s. or an overseas perspective. the u.s. has been a leader when it comes to trying to include in the agreements standards on labor and environment. there's no other country that wants to do it except the united states, when it wants to make sure that environmental protections are not undermined. it's developing countries pushing back and saying we don't want the environment standards, the labour standard, they are not appropriate. we are at different stages of development. cheaper labour is something which makes exports more competitive. if you are in a developed country and you think there should be stronger environmental standard overseas, and you support the trade agreement, you may not thing it is appropriate. it's a mixed bag. the u.s. is trying to make sure that a lot of standards are raised globally. >> i would jump in on that. there was a leak of the environment chapter that was fairly recent and it is true that the united stat

and the fact is from the moment he turned up in a flooded house with a labour candidate alongside him, he completely misjudged the mood of the country. [shouting] >> mr. speaker, first -- [shouting] first of all let me say to him that it is a simple choice between the uk statistical authority and him. people will believe the uk statistical 40. and now the assessment of how much to invest in flood defense depend significantly on your assessment of the risks posed by man-made climate change. he said in opposition about climate change this. it's easy to do the sorts of things like ride your bike, visit -- rebuild your house to make a green. but it's only clear you mean it when you do the tough things as well, like telling the truth about climate change. so mr. speaker, what is the truth about climate change? >> the truth about climate change is that this government has a program to reduce carbon right across our economy. we started with the government itself, compared with the government he left in 2010 when he was climate change secretary, the governments own carbon emissions are down 1

a few questions about the health care law and how it is affecting the labour market. what is your best estimate of the effect obamacare will have on the total number of hours worked which is the issue we are talking about? i want to make sure we accurately understand what it is you are saying? >> we think the affordable care act will reduce the total number of hours worked in the economy by one% or 2% between 2017 and 2024 relative to what would have happened in the absence of that act. >> what is that in equivalent to full-time equivalent workers? >> given the fact the calculation we have done, translate that, suggests the equivalence between 2.5 million production in full time equivalent employment, to make sure -- >> i think 2 million equivalent, in 2024. just to understand, it is not that employers are laying people off, but people aren't working in the work force, supplying it labored to the equivalent of 2.5 million jobs in 2024 and as a result work force participation rate, less labor supply lowers economic growth. >> that is right. >> who are these workers? who

a few questions about the health care law and how it is affecting the labour market. what is your best estimate of the effect obamacare will have on the total number of hours worked which is the issue we are talking about? i want to make sure we accurately understand what it is you are saying? >> we think the affordable care act will reduce the total number of hours worked in the economy by one% or 2% between 2017 and 2024 relative to what would have happened in the absence of that act. >> what is that in equivalent to full-time equivalent workers? >> given the fact the calculation we have done, translate that, suggests the equivalence between 2.5 million production in full time equivalent employment, to make sure -- >> i think 2 million equivalent, in 2024. just to understand, it is not that employers are laying people off, but people aren't working in the work force, supplying it labored to the equivalent of 2.5 million jobs in 2024 and as a result work force participation rate, less labor supply lowers economic growth. >> that is right. >> who are these workers? who

. >> inspired by former risk premised or tony blair and his renewal of the labour party, he is noted for his relaxed style. he gained popularity by cutting local taxes and promoting recycling in florence. they hope he will bring fresh air to italian politics come along tainted by instability and corruption scandals. many times say they are keeping their expectations low. >> i don't think much has changed. >> really tired of it all. never see real results. >> renzi wants economic reform in order to restore confidence in the economy. >> you are in front of the presidential palace where nicoletta is expected to hand in his resignation letter today. >> yes, exactly. with actually meeting president napolitano now. he is headed to the presidential palace and he thanked all those who have helped him along the way. he is expected to hand in his resignation. he is now being made to step down after pressure saying that he has not done enough to help the economy. he is resigning on the day that new information has come out that italy reported its first positive quarterly growth since 2011. 1%is

. >> he announced that the labour department help the workers develop skills they need. >> paying homage to a nominee. a former congresses woman gets the stamp of approval. >> an apparent hoax days before the super bowl. several letters filled with white powder turned up at hotels near the new jersey stadium where the sunday super bowl will be played. the powder was not toxic or dangerous. one turned out to be baking powder, another korn starch. form new york major rudy julie arny received one. >> the denver broncos are 40 hours away from the game. >> all the preparations for super bowl 48 are for the host part down. both the seattle seahawks and the den very broncos will have walk throughs. both teams move the workouts indoor on friday. the seahawks practised indoors all week in the giants' facility. seattle went through 77 plays, accompanied by loud hip hop muk, one of the things the players said this week they love about a pete carol practice. the coaches love that - the coach, pete carol loves it. his players are healthy, including dynamic receiver percy harmon, scheduled to play for

we saw the labour force increase. more people were optimistic and looked for work and the only reason unemployment went down was even more people found employment. was for the right reason. it is an encouraging sign. lori: the industry showing strength in hiring with weakness. people were quick to blame the weather for everything going wrong. construction jobs. >> here is the of survey, employment conditions in one month, one week of the month and wouldn't you know the week of the payroll survey through the eighteenth of january was the one week where the weather was pretty good. temperatures were above normal. less participation than normal so if there's any week where you were not going to get a weather impact this is and that explains why you saw a rebound, you saw construction employment, i don't think the weather had an impact on the january data for that reason. lori: what is your forecast for the february jobs report? >> i think we will see us getting back to the trend of 150, 180. i don't think the company stop

in fact, though the new leader of the labour party said he has 59 in a peace camp in the knesset now. the palestinian side, a lot of pessimism, a lot of not knowing what is going on. we also heard people say that only abbas, president, the lead negotiator really knows what's going on. they're not telling others what is happening. i think they're being very cautious because they know if there is much said publicly about where they might go on these issues, they will face very serious difficulties, because there is no good solution from the palestinian perspective on right of return. that's my view in any event. so they're being very careful, but as bill mentioned, that president abbas is being very statesmanlike. been very positive, constructive. the long interview that was in the times last week, he played the role of a statesman, moderate, said what he expected. and i think actually that's what he believes as well. from what i know from being out there on the ground. so that's all good. he has given the role being to heavy after he met with kerry here this week and half ago. nothing

true to the labour victory of the competition sand and it will support so defence to the incident. i can get lots of pressure to the amount homies from there. in the heart to handle the pressure mounted to be in the fridge for him. yet nailed the shimmer of the blood can expand the gold medal from his. the assertion in the winter kicks in such a have been making headlines around the globe but not this is certainly about the competition. many news outlets have set the alarms ringing over the alleged terror threat that's despite massive unprecedented security operation. that's also not forget the never ending tales about the shoddy hotels and bad organization while very few missed the opportunity to deliver horror stories about the browning out of stray dogs well with dinner cruise and has dismissed such coverage as an echo of the cold war two in the cold during the cold war era there was the so called containment policy. that's what it was called as he was the policy and practice of containing the soviet union's development. unfortunately as we see now. occasionally there are throw

the pickup in economic activity is fuelled further progress in the labour market. hat one in a quarter million jobs has been added to payrolls since the previous monetary policy report last july. three in a quarter million have been added since august 2012. the month before the federal reserve began a new round of asset purchases to add momentum to the recovery. the unemployment rate has fallen nearly a percentage point since the middle of last year, and one-and-a-half percentage points since the beginning of the current asset purchase program. nevertheless, the recovery in the labor market is far from complete. the unemployment rate is still well above levels that the federal open market committee participants estimate is consistent with maximum sustainable employment. those out of a job more than six months continued to make up an unusually large fraction of the unemployed. and the number of people who are working part-time but would prefer a full-time job remains high. these observations the importance of considering more than the unemployment rate when evaluatin

>> we would be looking at a broad range of data in the labour market including unemployment, job creation and other indicators of labor market performance. and indicator spending and growth in the economy because we do need to seek growth in the above trend pace to project continued improvement in the labour market. we note that inflation is running well below our objectives and we want to be sure -- >> what would it take for the fed to consider increasing its asset purchases? instead of just flowing down its production? what would it take? >> it is significant deterioration in the outlook. or concerns, very serious concerns that inflation would not be moving back up over time. but the committees emphasize that purchases are not on a preset course and we will continue to evaluate the evidence. >> so far the fed has been reducing its bond purchases by $10 billion a month with reduction split evenly between treasurys and mortgage-backed securities. how did the fed choose to split it between mortgage-backed securities and treasurys? >> both kinds of purchases have similar effects on longer-t

tired of the group or to suffer death experience true to the labour victory of the competition sand and it will support so that the defence that the incident i can get lots of pressure to the amount homies from there. in the heart to handle the pressure mounted to be in the fridge for him. yet nailed the shimmer of light can expand the gold medal from his. the assertion team so i'll anticipation and excitement is building then head of the men's ice hockey competition which gets underway in the three days time russia's fuss much is again slipping. yet so we are going to move became a closer watch over the course as well full stop that friendfeed well this was a different side of the ice up the total and his nazis the arts and culture correspondent martin andrews next easel same distance on to tuesday didn't in fact he reveals what's special about the josie's the play is the way there and in the buckles on ice. today mikey who felt about the hockey jerseys. let's take a look at the outfits of america and interesting and very nice they are two wheel like to wear them to me fourteen so whet

she has always heard on the side of labour and took too easy monetary policy. adam: the fed has been inclined to dismiss the problems we have seen with the data starting back in december saying it was the polar cortex, the extreme cold weather, all kinds of issues from the snow that is shutting things down. they know better than to take those pieces of data more seriously. do you agree with that tactic? >> when it comes to housing starts that has been the main reason why housing starts have been slow but that is not the only reason and beyond housing starts, employment, the reason the unemployment rate has come down to 6.6% is not because people have been finding jobs but people are dropping out of the labor force. if you put back into the employment pool, it dropped out because they a couldn't find one but they recalculated unemployment rate at 11% so the job market is weak, gdp growing at half of what is growing for recovery and in most recoveries, the gdp grew at an average rate of 5%. we are still struggling to keep 2.5% so the economy is underperforming, wh

a few questions about the health care law and how it is affecting the labour market. at is your best estimate of the effect obamacare will have on the total number of hours worked which is the issue we are talking about? i want to make sure we accurately understand what it is you are saying? >> we think the affordable care act will reduce the total number of hours worked in the economy by one% or 2% between 2017 and 2024 relative to what would have happened in the absence of that act. >> what is that in equivalent to full-time equivalent workers? >> given the fact the calculation we have done, translate that, suggests the equivalence between 2.5 million production in full time equivalent employment, to make sure -- >> i think 2 million equivalent, in 2024. just to understand, it is not that employers are laying people off, but people aren't working in the work force, supplying it labored to the equivalent of 2.5 million jobs in 2024 and as a result work force participation rate, less labor supply lowers economic growth. >> that is right. >> who are these workers? who a

the economy. not much labour will be needed. secondly and relatedly after suspending done in the early years such spending has tapered off. given that, we don't have sufficient stimulus if we jumpstart it and get it growing. >> you call it misguided. why why. >> the austerity? >> yes. >> the reason it's misguided is it's widely well known and established that it's not the rite time to cur gale government spending. >> we have, in effect, shut off stimulus too soon, too early. it's like shutting off the iv when the patient is not recovered. >> let look at a chart for you. showing that the longer you are unemployed the harder it is to find work. 31% of people who are without of work usually has good suk it's at finding a job. it's compared to 9% of those unemployed for 53 weeks. what does it mean for the economy to have so many out of jobs for a long time. >> well, it makes it difficult for recovery to get under way. it's harder once you have been anaemicly growing for a long time, to begin to accelerate your growth again. so in ess

the same thing happen in the labour market. on friday is the only numbers that you have to pay attention to. long story short, the trend is in the right place but the cold weather may have upset. we're adding more jobs and we are firing fewer people. corporate america thinks they have this right. this will make a pickup in consumption. the stock market will be hired a share. >> thank you rob, we would check back with a midnight 3:00 p.m.. >> the time is 6:5will check bah rob at 9:15 a.m.. [ male announcer ] progresso's so passionate about its tomato florentine soup, it took a little time to get it just right. [ timer dings ] at first, it wasn't the perfect amount of tomatoes. not ready. [ male announcer ] later it wouldn't be the perfect amount of spinach. not ready. [ male announcer ] then, the sausage and pasta. ♪ not ready. [ male announcer ] but finally, it happened. perfection. yes! [ female announcer ] this week at safeway, buy one progresso rich & hearty soup and get one free with your club card. buy one progresso rich &

in the labour day you've got single most expensive player was still a spot to put too fine a hint on this. i'll be in a statement describing the anger burns but not inspecting and spot fixing the policies have taken him to pop in the pants. the body off its age and size. these mostly ones but some practice and business tycoons is now estimated to be built the peninsula as much delight in the high of four point one three billion joined us in to cost and ten. most activists to london on maths too focused on the capital islamabad said given his new bed and walk for justice despite threats from the country's intelligence agencies. the activists. i only own monster the un headquarters and is now move on to highlight the issue of missing persons caught this on something as simple dreams of going to stomp out the ratio is getting tougher by the dea yet to see the end it at the top flight two hundred permanent and some into my assumption as to punjab police attempted to knock on. the privileges it and incidentally the uk despite mounting threats to comment as he would like to insecurity get t

just an aging population, fewer people on the labour force. there are more people in college today. when i was in college i had a job. kids in college these days don't work like i used to when i went to college. finally, we have generous benefits for non work right now. whether it be unemployment benefits or welfare or food stamps or all those things and that encourages lots of people to be out of the labour force as well. to get the labor force backup we have to shrink the size of the government. otherwise we will be like france which has had 8% or more unemployment rate for 30 years. we know how to get out of it. connell: relatively optimistic in terms of the economy versus your peers and where you articulate your views on the economy but doesn't mean you are supportive necessarily of the political policies, you are more you think some changes could be even better. not as bad as some people by saying. >> stuart: 4% growth, 350,000 jobs, and, we have got to shrink the size of the government. one of the problems that i have relating to other economists, i don't have a political cons

they are not human being and they are not citizen, why the labour leaders are not talking about those>> this was lined with the bodies of those charged. because of the difficulties, in the disaster. d.n.a. testing became a key factor in making sure the families of victims received compensation. >> in is bangladesh's analysis. technicians struggle to cope. if you talk about previous, we had to handle more than 1,000 samples. it was a huge load. >> this man says many of the samples were poor quality and cannot be used to identify people. it's a slow process forcing survivors and victim's families to wait. left without an income and no compensation, many do not know where to turn to next. >> still ahead - emails made in germany after the u.s. spying scandal. angela merkel - can she protect the country's intimate data. >> plus the last members of afghanistan's sikh communities say they are being discriminated against, and if it continues they'll leave. play on. the brazil world cup venue saved from the axe, even though it's still not finished. >> hello again. these are the top stories thi

coalition, a shedding of one of the most dedicated and extremist local parties and to bring in the labour party by the other party or both to create a very different, moderate, centrist peace-minded government. i thinkwere the case, the israeli government and the palestinian government would take a lot more interest in negotiating between themselves. middleious important east negotiations, there has been that commonality of interest. there isn't right now, but there could be. that's the way i see it. >> i think once the kerry framework is made public, the that the palestinians and israelis would engage bilaterally. i also believe that would break down rather quickly, at least in the initial stages, and it would ,equire an american presence bridging proposals, what have you. i do not think we are going to see americans backing out, nor should we. >> it is often said they cannot do it themselves, but they say americansest when the get out. they refer to oslo, for example. but i don't tank they can do it themselves. there are certain things they have to do themselves what it comes to the fin

they don't care about the guys, they don't. >> the campaign was seen as organised labours best chance to expand in the south. the idea brought more reaction from outside interests than from the plant workers themselves. >> the uaw was blamed for detroit's financial troubles. the governor and major spoke out saying the union would hurt chapses of attracting. volkswagen allowed the union into the plant. volkswagen and the uaw - i know of not one incident of any aggression or animosity coming out of the process. the uaw added: >> uaw has seen its membership drop 75% since 1979. jonathan martin covered the story ex-tensively and from the beginning. good morning, what incentives did workers have to vote against joining the union? >> you know, a lot of the workers we spoke to over the past week or so before the vote told us that they were afraid voting for a union would affect their pay and benefits. many said things are fine the way they are. we have great communication with management, and we fear that if we have a union, if it unionizes it will add more red tape. they were fearful of wha

an important piece that was not included in and out was the discussion of the collapse and labour force, which, as you know, we have lost essentially three full percentage point since 2007. and it strikes me that this is one of the most important economic developments in the united states in recent years. what set of policies in action or contemplation could help try to minimize the degree to which the extents of that chance out to be permanent. roughly half of it is demographics. the other half since to be behavioral of various kinds. obviously some of the infrastructure to proposals by create demand from some of these back into the market. in utah and a larger sense? it can't just be about infrastructure with the labour market policy. >> i think that is a great question and certainly is one of the important things going on. i would divide the decline in the participation rate into three general areas. the first area which as you yourself just said is aging. that is it possible for about half. you can do a mechanical calculation of taking labor force participation rates in 2007 by age

we are seeing the child labour law. the article that comes out is that a lot of models are not under 18 during fashion week and are about four or five days. it's interesting to see that, for me, from my stand point, slowly but surely people will pay attention, and hopefully models will be on board. >> it's an important time to raise the questions. them. >> for more from new york fashion week. we can check out the photo essay. we ask people what their ideal of beauty is. the show may be over, the conversation conditions on the website or google+. >>> so very happy to have just a little bit of closure. >> murder mistrial, a jury convicts michael dunn of a em it ted murder. the racially charged case puts the stand your ground law in the spotlight once again. >>> rioters throw stones at police in venezuela where the country's president calls for company as violent protests continue. >> do they want this process to take place or not. >> plus a last-ditch effort to break

we are seeing the child labour law. the article that comes out is that a lot of models are not under 18 during fashion week and are about four or five days. it's interesting to see that, for me, from my stand point, slowly but surely people will pay attention, and hopefully models will be on board. >> it's an important time to raise the questions. them. >> for more from new york fashion week. we can check out the photo essay. we ask people what their ideal of beauty is. the show may be over, the conversation conditions on the website or google+. >> a warm welcome to this al jazeera news hour with me, david foster. this is what we have coming up in the course of the 60 minutes. damming information of starvation, abduction and torture in north korea. and kim jong-un may be held personally accountable. the commander of the free syrian armies being sacked. we looked at who will repla

unemployment rate to six point six percent the reuters news agency has reported that according to the ministry of labour the number of jobs that said the agricultural sector increased to one hundred and thirty thousand given the significant rise in employment in the construction sector to the cold weather in gender is not a major factor behind the slowdown. the slow increase in employment levels the second month in a row may pose problems for the federal reserve system which is in the middle of curtailing its anti crisis in this program number of new jobs in december was revised up by only one thousand amounted to seventy five thousand economists polled by reuters had expected the number of jobs increased by one hundred and eighty five thousand in january and unemployment remained at six point seven percent. experts predict that china's gdp will exceed ten trillion years dollars in two thousand fourteen. if it continues to grow the crew grief. thus china would become the second country with an annual gdp of over ten trillion us dollars after the united states. in two thousand thirty china's gdp grew by

in most parts of the labour market there areea lot of people, a lot of job openings and they are not making each other in a way that is pushing up wages. nobody wants to see wage cost spiral but you are right. you would like to see aggregate pay, personal income increasing and that is what is going to drive demand which will drive investment. adam: thanks for joining us. lot of investors are watching these issues to determine how to allocate their money. thank you so much. cheryl: we are watching the people in the ukraine as it continues. regional government headquarters and parliament on the country's peninsula with more of the latest developments let's bring in ashley webster. ashley: not since 1991 when ukraine won independence from russia has the country scene so much upheaval and turmoil and the country is divided politically. also teetering on the edge of financial collapse. let's look at the latest developments coming in the thick and fast. parliamentary vote confirming the prime minister is pro west, called on russia not to intervene. as you mentioned, armed gunmen are holdin

we are seeing the child labour law. article that comes out is that a lot of models are not under 18 during fashion week and are about four or five days. it's interesting to see that, for me, from my stand point, slowly but surely people will pay attention, and hopefully models will be on board. >> it's an important time to raise the questions. a lot of young girl depend on them. >> for more from new york fashion week. we can check out the photo essay. we ask people what their ideal of beauty is. the show may be over, the conversation conditions on the website or google+. you can find us on twitter on jam -- on aljazeera.com/consider this. >> in is al jazeera america, i'm jonathan betz live in new york. >> we are so very happy to have just a little bit of closure. >> guilty op four of five -- on four of five counts. the man that shot a teen in florida, california, now faces decades behind bars >> riot police clash with protesters in venezuela, as the country's president calls for peace. >> do they want the pros to take pl

health, and most women are in the workforce and care giving affect their ability to participate in the laboure see that people cut back their hours, people turn down promotions, maybe they can't travel or in the case of this lawyer, in the story, she left... >> gave up her career. >> that is dangerous for himmen, particularly, because they are already in their own elder years are likely to be in poverty. if you leave the workforce and foct your social security benefits, your ability to save for your own retirement, you may be taking care of your parents at the expense of being able to take care of yourself, when you are elderly, your own self. >> we mentioned that you were responsible for the new york times, and you wrote a book when the time comes, where you explore financial issues. one thing that strikes me is the impact on the middle class. that's where the biggest hit and hurt is. >> i think that's true. because when elderly people become poor, and it's easy to become poor when you are spending a lot on nursing homes or assisted living. once they spend the resources, the biggest payer is

why would you tie in in the labour force environment? doesn't make sense to me. dagen: do you think the bond buying program is finished in increments during each meeting and will be done by the end of the year? >> that is going to happen. you would have to have a tremendous fallout in the economy. if they would turn around and slow that down or stop it, the market would start panicking that they know something we don't. dagen: talk about looking at the world of fixed income in the united states, how attractive municipal-bond savvy in. they certainly rallied this year but do you still like, last time 2430 year municipal debt, that part of the market is attractive. >> equivalent yields and adjusting to that basis, 6% to 8%, the previous conversation looking at the new obamaplan which calls for higher taxes on a rich. i haven't seen the details but i presume income taxes might be involved and will only make the more attractive if that gets through. dagen: one last thing. in terms of what we hear from the emergency manager in detroit and how much of the hair cut coul

>> it is the case that in any region of the united states, labour unions had trouble trying to organise workers in large corporations, largely because large non-union corporations pay union scale and provide union-like fringe benefits to the workers in the absence of a union. in part to dissuade the workers from unionizing altogether. in that respect the particular election is not surprising and would be unrelated to its southern location. >> it's an interesting vote given the history of the autobusiness. good to have you on the show. thank you for joining us. >> switching topics to america's bloody struggle to subdue the taliban and the conflict in the broader middle east. according to a new book america's afghan war has parallels in a 19th century war, reported on by a great soldier statesman. young winston churchill served as a calvary officer and reporter when the malakand field force fought a campaign against pashtun tribesman on the frontier of afghanistan, and what's now pakistan. i'm joined by the correspondent concoughlin, a defense editor for lion's daily telegraph, and the au

the day labourers are part of the life of this town. a town including affordable housing. thanks to the perseverance of these nine immigrants. >> firefighter are working to put out a massive fire. this is what burn rubber looks like. >> nearby businesses were closed. people were told to stay inside because of thick smoke. no one trs to vice-president hurt. >> a fire in the east, a lot of snow in the west. >> it's impressive. >> you can't recognise the city of portland oregon. it doesn't look the same. >> you are used to hearing about rain, trs all about snow and ice. we have a work in the valley. it's mostly an ice glaze coming over the valley. driving is treacherous all along interstate 84 heading east ward to oregon. it is problems across the board they've been reported all day. now it's moving to western washington, seattle. >> it looks like everett washington, under an inch. south of the seattle there'll be awe kum lays of know. if you head east out of portland oregon, this is what interstate 85 is looking like. it's dangerous. the national weather in portland oregon s

this is in broadcast on behalf of the labour party. it is socially completely unacceptable. are margins increasing in certain areas which means there is a possibility of wage growth. we don't want to see higher interest rates but we need to see people having more disposable income. retail is the key to the kingdom. >> more retail companies could come to the market in the near to medium term. ipos left right and center. >> this is encouraging. we do need positive sentiment. we need to be clear on that. it is really exciting. if the major companies get blocked because they are fully valued, this is the danger when companies say -- when you see a ,lew of companies like this when you see them come to the market, people are much more savvy than they were two years ago. am i being left to pick up the trash? >> especially if some of these are returning to the market. >> you just hope they haven't been juiced out. i am not going to be too cynical but you need to be clear on this. this pound loan thing looks very exciting to me. from tesco, they have other people from other walks of

the economists, some of them are friends of mine who signed this letter saying it won't affect the labourrid of unemployment, they should eliminate the minimum wage and especially if you are concerned about unemployment about minorities and having minorities have a chance to start climbing the ladder get rid of minimum-wage altogether, until we have a minimum wage black and white unemployment are about the same. when we have the minimum wage black unemployment doubled in the state, double white unemployment, since the 1950s. stuart: one last one, but coin. you accept it:as payment. i am not sure how you work out of value system. if i agree to sign up to pitt:the value of bitcoin could be 20% up or 20% down. how do you establish a price with bitcoin? >> it is a liquid market with a lot of volatility. we don't accept any volatility risk. we accept it:and immediately instantaneously translated into dollars. as i recall you are a bit of a gold bug. some of the virtues, the charm of goals can be found in bitcoin totally limited. stuart: i am not a gold bug. i do not wish -- we will never retur

this was stated by the minister of labour and social protection of the population about two million people have already received a nine percent rate since january this year in april basic pension payments will be increased to ten thousand four hundred and fifty g disability benefits will be increased to twenty one thousand seeing the benefits according to age ten thousand seeking in survivor's pension to one thousand seven hundred c in addition his plan to spend more money on social support and needy families. sen king caspian make an alliance pink file lawsuits in court the claim compensation for the persons responsible for spreading misleading information about the bankruptcy the official representative of the prosecutor's job offers and outlets are human vehicles reports. he also taught about the detention of a person to person on false information about the bankruptcy of the three banks not alone forest and agencies are checking their statements. his phone. they retained the person to participate in writing misleading messages these persons are totally getting employees of the law firm

the state department says that kenneth bae has been transferred from the hospital back to a labour camp the the development is concerning, since he's been held for more than a year in north korea, after being sentenced to 15 years of hard labour, accused of trying to overthrow the state. bolivia declared a state of emergency after 38 died of rising floodwaters of the villages are packing up and moving to higher ground. 40,000 are affected. armed forces are using barges to bring food and water to resident cut off by the flood. heavy rains are expected to batter bolivia until march. >> a wet weekend. the san francisco bay area could see nine inches of rain. more than an inch for sacramento. rain is expected to continue. it's not enough to break the weather. eboni deon mentioned more about it. it's nothing compared to this. the heavier falls burying a village. more snow is on the forecast. we'll see snow, certainly nothing like we saw in the picture. most areas that have seen snow are not wanting to see any more. but in the west it's a welcome site. we'll need the moisture. the steady stre

comparisons are already starting with tony blair, how he reformed the labour party in the u.k..uthfulness and he surrounded himself with young people and now you have matteo, 39. it isn't about that believe that you have to be young to be in power -- what is it about italy that you have to be young to be in power? >> i only heard part of the question -- but i figure the brilliant part about berlusconi. the power is intoxicating. instead of trying to bluff my way through most of my tv hit i simply immigrants -- lead ignorance and plead the fifth by gesticulating like italian. chiefg repacked is our data greg repacked -- gregory p eck, our chief international correspondent. what are we doing, sports? year.ical time of the magazine guys love and librarians hate. you know what i'm talking about question of the annual "sports illustrated" swimsuit edition. marking the 50th anniversary by putting three -- three abbottabad 1 -- three models on the cover. time there first have been multiple models on the cover in eight years. the picture was taken on the cook islands off the coast of ne