it is the transportation network. there is a few lines to carry the crowds of people we think would want to go and spend since we were able to take the 47 line. that goes from fort mason 2 points down south of market. to call a 47 the to the line that will run in between those lines and maintain the regular service but introduce every specific that really shuttles between civic center bart in fort mason, helps everybody. it helps everyone who needs to get their quickly from civic center board. there is a 47 limited. if you are a commuter train to come home all of sudden you have the benefit of a new limited. one of the silver linings in the challenges and planning is we could pilot new ideas and test them for america's cup. the idea of expanding limited is a theme. if you look at the 38 from the caltrain station to the bart station to south of market to union square, passed a major tourist destinations, that skirts the waterfront from fort mason all the way out to christie field. it is an excellent line to people who

transport networks have ground to a halt, and many schools remained shut. despite the hardship caused, the extreme conditions could allow a rare sporting event to take place in the netherlands. the 11 cities toward across the frozen water waste. >> i think it will happen. i have a good feeling about it. we only need another week of this weather. >> volunteers have already begun clearing the 200-kilometer course, the world's lgest speedskating competition. it can only be held when ice is at least 15 centimeters thick. the last race was in 1997. the freezing temperatures have created a bizarre landscape around the geneva in switzerland. if a layer of ice has created a unique winter wonderland. >> that is beautiful. we will be back in one hour with more here on dw. >> thanks for watching. captioned by the national captioning institute --www.ncicap.org--

impact fees in such a way to allow for the city to comprehensively fund assets of systematic transportation network improvements that better meet our transit first and other mode tight -- multi-modal transportation components. we have three components. first is the way we conduct impact analysis under ceqa, six -- specifically by using automobile as a metric. the second is the establishment of a city-wide transportation ability feet. the third is completion of an environment of had report, which would study the cumulative impact of 20 years of projected development activity on the transportation system as whole and the effects of a variety of transportation affect on that growth. this effort was initiated some time ago at request of the transportation authority board at that time. the commissioners recognized the difference between the way we were conducting transportation impact analysis, and the city's goals in terms of supporting transit first and other multi molecule transgendered petition abilities -- multi-modal transportation abilities. in 2009 the city formed an interagency committee compri

they concluded in their report the following -- integrated efficient and cost effective transportation networks that provide timely access to goods and services are the foundation of a 21st century economy. if america is to remain a global economic power while advancing our common aspirations for a better quality of lie, we need to reinvest in america. especially in our transportation infrastructure. if living within our means includes good husbandry of our existing system, we need more not less investment in transportation. that means more revenues that are wisely spent to meet our obligations for ourselves and our future generations. i hope people take a look at this report. senator bradley, secretary ridge, comp controller walker make, i think, a compelling case. here's what the obama administration is proposed in its budget for transportation. first, $50 billion for upfront infrastructure investment in 2012 to boost economic growth and create jobs. let me just say a pair th parenthetically that when we were in debate, i argued for aed 2dz hundr $200 billion package for infrastructure. that

proposition k that speaks to the importance of a multi modal planning these complete streets in the transportation network. we were hoping that as money was allocated, it was done along these lines and with this idea. unfortunately, the practice in the implementing agencies -- i should step back and say that some of the planning over the years have been fine. plans that come out of the planning department or the transportation authority, even the redevelopment agency. at the planning level and the vision level, we are doing great, but when it gets to the mta, particularly public works, things break down and they become incomplete projects. every project, we should be looking at it to say how does it become a complete street? what happens is the assumption that we will rebuild every street big that they the way that it is. if the community or supervisors intervene, if there is some kind of force, public works grab in the had blocked saying that it will lobby the only complete street, we need to fix that. we are wasting a lot of money, if our goal is to rebuild these as complete streets. if our goal is to b

another, if they would trade with one another, knock down barriers, if they would develop transportation networks, that would add dramatically to the ability of africans to reap economic benefits. the final thing i would say is probably no part of the world has benefited more from the advance in information technology, particularly wireless technology, especially mobile phones in africa. so we have a lot of interesting initiatives under way to help people do mobile banking, to help them get linked into the futures markets on their mobile phone, just all kinds of really innovative ways that we have promoted both from outside, but also from within by running contests for young african entrepreneurs. so i could go on for a long time. it is a very important part of our agenda for africa. >> thank you, madam secretary. and let me transition then to the other part of what i think is our shared agenda for africa, which is promoting america's core commitment to transparency, to rule of law, to democracy, to internet freedom, to human rights. many of us were relieved that senegal's elections preceded with

with respect to our business, through our global expedited transportation network, we connect more than 90% of the world's gdp in 48 hours or less. so if a business of any size wants to send its product from beijing to billings or cleveland to somewhere we can do it without them having to invest billions of dollars without them building their own distribution network. our business is based on this global network. if our global network is competitive it will grow. so will we, both around the world and in the united states. with respect to tax profile we're a full-rate taxpayer. we are effective tax rate has not been below 45% in more than 20 years. this is a real competitive disadvantage for us. we're also troubled by other aspects of the current corporate tax code creating distortions and economic decision-making and diverts capital from its most efficient and effective use and it leads to lower wages and employment. like many of you in congress, our company has also been evaluating and even modeling some of the tax reform proposals. we look at these from the perspective of both what is

report steady in 20 years of projected development in the impact of that development on the transportation network as a whole over the course of time. just to give you a little bit of background on the history of this, the conversation was initiated at the board of supervisors sitting as the transportation authority board in 2003. the board at that point requested that transportation authority staff to an analysis to reconsider the use of automobile level services and metrics under ceqa, recognizing that using that methodology often resulted in inconsistencies with achieving the city's transit first policies as well as our other multimodal priorities. in 2007, the transportation authority staff developed a report initiative report recommending the elimination of it and replacing it with an alternative measure that would be coupled with a mitigation fee. in 2009, the city but together an interagency committee comprised of the agencies i just described, and we at that point initiated 8 nexus' study that looked at the relationship between development and developmental impact on the transportation sys

boils down to this companies such as gas pump should not be allowed to own production and transportation networks at the same time because he has been critical of the idea for a long time saying it aims destroying these energy prices formula that penned the oil price to use in their own countries now none of this seems to be new for the russian investors judging by the market reaction markets are mixed this hour as you can see here the r.t.s. is up just slightly. off a percent of the mys it's slightly down on the biggest movers on the mind six this hour as we can see russian bank v t b that's gaining over one and a half percent but russia. is also managing to stay afloat. slipped into the red unfortunately now stocks in europe all lower today the pussy on the decks are sliding and investors are looking out for germany to approve a second austerity package for greece all is actually declining as well for the first time in eight days tensions over iran's nuclear program have been one of the main factors when it comes to oil prices and following a major rally the crude has slipped into red this mond

includes the idea that companies such as gazprom should not be allowed to own production and transportation networks at the same time putin has long been critical of that idea essential is saying that it's aiming to destroy the energy market formula that ties the gas prices to the price of oil but none of this seems to be phasing investors at least judging by the market reaction there both the r.t.s. and the my socks are pretty upbeat moscow time the biggest movers on the my sex are the second biggest russian bank v t v which is outperforming the market at the moment and energy majors gal's problem and of was nafta both of posting pretty hefty gains there. and investors on a monday will also have plenty to react to namely the g twenty meeting over the weekend and then we'll move on to plenty of statistics coming out later in the week including the g.d.p. fourth quarter g.d.p. data coming out of the united states as well as home sales there and then by. thursday the p.m.i. or production managers index coming out of china it's an important indicator of the health of the chinese economy a bit more on t

falls down to this that companies such as gazprom should not be allowed to own production and transportation networks at the same time he has always been critical of the idea saying it aims destroying energy pricing formula that depends on the oil price and it's and is used in in the country now money has not been a very successful day for the global equity markets the russian stocks are mixed the r.t.s. is nearly half a percent off and in my view it's a slightly down this hour here the biggest movers on the my six russian bank the t.b.'s the trend and is adding more than one and a half percent but gazprom and if they're not that successful and are still trading in the red now europe was lower as well the forty and the dax are both sliding and the g twenty meeting over the weekend has added pressure on the euro zone to boost its a bailout fund and investors are now looking out for germany to approve a greek rescue package or is also declining on monday holding its longest rally tensions over iran's nuclear program have been one of the main factors driving the oil prices lower and following a major ra

that i quote the government will support large infrastructure projects firstly this means transportation networks andrew libel communication with siberia and russia's far east and quote well the question to you as a free successful businessman you were so so are so the cost of road construction it's too high in russia it's raising corruption suspicion so so what's putin what is he proposing to control it and why why could they start trying to rosewood ten twelve years ago. it's a difficult question but i'll try to make the answer first of all in the whole world the raw few programs international programs which can be very useful and convenience to many countries it's a road constructions and build the buildings yes it's a very good because it's a lot of people who will be involved a lot of money turnover and etc etc etc and then the same time he has to declare to the any other sector of economy possibility to develop so this is two way one belong to the state sector and another one belong to the private sector if you will have a very good combination between these two and give to them very good r

suggests that companies such as gazprom should not be allowed to own production as well as transportation networks at the same time has long been critical of that idea especially saying that it aims to destroy energy pricing formula that ties the price of gas to the price of oil and it doesn't seem to be phasing the russian investors if we judge by the market reaction essentially the r.t.s. and the open and quite upbeat and or upbeat up until this hour they are sliding in sympathy with the global indices more of them in just a minute the big. movers on the my sex is the second largest bank the t.v. which is bucking the downward trend the sour and energy majors gazprom and draws now they're pretty much what. investors among deals to reacting to the results of the g twenty summit over the weekend and they'll have plenty of statistics to react to throughout the week namely the fourth quarter g.d.p. data and the home sales numbers coming out of the united states and by thursday the p.m.i. or production managers index coming out of china it's an important indicator of the health of the chinese economy

that suggests that companies such as gazprom should not be allowed to own production and transportation networks at the same time putin has long been critical of this idea centrally saying that aims to destroy the energy market formula that ties the price of gas to the price of oil but it doesn't seem like it's really phasing investors at least not those here in russia the markets in moscow the r.t.s. and the my six opened on monday on a quite upbeat note they are trading in the red the sour but that's mainly in sympathy with the european indices and one of the biggest movers on the y. six is russia's second largest bank v t v it's actually managing to buck the downward trend and energy majors gazprom and draws now they're pretty much flat this hour. investors on monday are also reacting to one of the biggest stories and that's of course the g. twenty summit over the weekend the finance ministers of the world's leading economies met in mexico to try and iron out their differences when it comes to these second rescue package for the european union the idea that there is that europe has to put up

we go underground to look at the city's efforts to expand its transport network. >>> first up, andrew, there are heavy corporate stories we're watching here in europe this tuesday. let's start out with bp. this company just reported its latest set of earnings about an hour or so ago. they're much better than people had been expecting. the company's fourth quarter profit rose 15% to $5 billion. bp also raised its dividend pay o out14% a share to a total of 8 cents per share. it's time to talk about the commodities traded glencore and the mining giant extrata. investors don't seem to be reacting too well following the announcement of that deal. we'll have more on the fine tuning going on coming up later on in the show. we have losses that are rather muted with the lowering of the frankfurt dax. this is largely because greek lawmakers have yet to reach an agreement on those harsh austerity measures that are required as part of the next bailout money greece will be getting. they were supposed to meet again yesterday but postponed that meeting yet again, andrew. this is weighing on the xet

businesses that sell off that elite energy had to scale in big giant factories chart logistics, transport networks. it all scaled top down centrally. the third industrial revolution scale is a lateral. it will come in know to be. as each city lays out these five pillars for this infrastructure committee, what do they want to do? they want to connect to the next and the next and the next, just like wi-fi. the nodes connect across continents. third industrial revolution skills latterly and it wants to an uninhabited until reaches oceans edge. it favors the small and midsize enterprise. it favors the small and medium sized emphasizes. lateral power sounds like an oxymoron. we think of power top down. but side by side power now we are seeing on the internet has far greater potential and we've only begun this process when the internet joints with distributed energy. this revolution is a thousand times more powerful than what we've experienced with the internet alone. >> you can watch this and other programs on line at booktv.org. >> civil rights attorney connie rice recounts her life and limb career ne

federal government rely, such as the financial sector, the power grid water systems, and transportation networks. we pay particular attention to industrial control systems which control power plants and transportation systems alike. last year we deployed seven response teams to such critical infrastructure organizations at their request in response to important cyber intrusions. to combat cyber crime, we leverage the skills and resources of dhs components such as the secret service, and we worked very closely with the fbi. dhs serves as the focal point for the government's cybersecurity our reach and public awareness efforts. as we perform this work, we are mindful that one of our missions is to ensure the privacy confidentiality, and civil liberties are not diminished by our efforts. the department has implemented a strong privacy and civil rights and civil liberties standard in all of its cyber security programs and initiatives from the outset, and we are pleased to see these in the draft bill. administration and private sector reports going back decades have laid out cyber security strategies

federal government rely such as the financial sector, the power grid, the water systems and transportation networks. we pay particular attention to the industrial control systems which control prophecies of power plants and transportation systems alike. last year we deploy the seventh response teams to such critical infrastructure organizations at their request in response to important cyber intrusions. to combat cybercrime, we leveraged the skills and resources of dhs components such as the secret service, cbp, and we worked very closely with the fbi. dhs serves as the focal point for the government cybersecurity of read and public aware efforts to read as we perform the work, we are mindful that one of our missions is to ensure that privacy, confidentiality and civil liberties are not diminished by our efforts. the department has implemented strong privacy civil rights and civil liberty standards in all of its cybersecurity prevented initiatives from the outset, and we are pleased to see this in the draft bill. now administration and private sector reports going back decades have laid out cyberse

transport networks have been badly hit.ondon's heathrow, europe's busiest airport, is aiming to operate a normal service after a number of flights were canceled on sunday. after last year heathrow hit very badly by the snow shutdown and so they decided, i think they spent quite a lot of money on new snowplows but the best way is to cancel flights ahead of it. don't deal with the snow. just stop people coming to the airport which is not really what we want. we want them to know that it snows and planes can still land and take off. that would be my idea with telg with snow. >> yeah, open for business. we need to keep that concept going. you know what, maybe better safe than sorry. safety is clearly the issue when you have that sudden kind of snowstorm. the shanghai composite flat today. we have some optimism coming in because of the risk appetite and the strong u.s. jobs data. financials have the market ending flat. 0.2%. some say it's a correction because, bear in mind, this market rallied 3,000 points since december so a co

finally our safety focus must also include the transportation of hazardous materials in our network of pipelines. that's why the president's 2013 proposal requests $276 million for the pipeline and hazardous material safety administration to help ensure that families, communities and the environment are unharmed by the transport of chemicals and fuels on which our economy relies. so with that, mr. chairman, again, thank you for the last three years for allowing us to come and talk about our budget. it's a privilege always to do that. not every committee affords us this opportunity. so we're grateful to your committee for that. >> we think it's an absolute priority. i think senator sessions and i are joined in that, that transportation has got to be a priority. it's good for the economy. it is good for jobs and good for the competitive position of the united states. let me go right to that question. i've heard a number of rules of thumb for how many jobs created for each billion dollars of transportation investment, investment in transportation infrastructure. do you have a rule of thum

[applause] a good transportation network is the lifeblood of our economy. it is critical for transporting goods, for ensuring an enjoyable experience for our visitors, and for the quality of our citizens' lives. and we have made great progress in the past seven years. by 2013, traffic will be flowing on a wider and safer spaulding turnpike. opening up new economic development opportunities from rochester to portsmouth. the airport access road was completed ahead of schedule and under budget, bringing new opportunities to businesses in manchester. to reduce traffic for visitors and residents we have installed open road tolling and will complete open road tolling by mid-2013. [applause] everywhere i go, i hear about the difference that these transportation projects have made for our people and for our businesses. on all these projects, we came together, we made the difficult decisions on how to pay for them, and we made them happen. and that is what we need to do with the widening of interstate 39 from salem to manchester. [applause] >> interstate 93 was built

the package boils down to this companies such as gas problem are not allowed to own transportation and production networks at the same time put in has been long critical of all this idea saying it aims to squeeze russian companies out of europe well that's all for me this time back to you matt. assures that so much in which of course you are on a sense of unity the price of premium stubbornly high and consumers feel the pinch but why are energy prices so hard use of the lack of supply and security. want. a reading. thank. you it is easy to. feel. good about.

federal government rely such as the financial sector, the power grid, the water systems and transportation networks. we pay particular attention to the industrial control systems which control prophecies of power plants and transportation systems alike. last year we deploy the seventh response teams to such critical infrastructure organizations at their request in response to important cyber intrusions. to combat cybercrime, we leveraged the skills and resources of dhs components such as the secret service, cbp, and we worked very closely with the fbi. dhs serves as the focal point for the government cybersecurity of read and public aware efforts to read as we perform the work, we are mindful that one of our missions is to ensure that privacy, confidentiality and civil liberties are not diminished by our efforts. the department has implemented strong privacy civil rights and civil liberty standards in all of its cybersecurity prevented initiatives from the outset, and we are pleased to see this in the draft bill. now administration and private sector reports going back decades have laid out cyberse

federal government, rely, such as the financial sector, the power grid, water systems and transportation networks. we pay particular attention to industrial control systems, which control processes out our plans and transportation systems alike. last year we deployed seven response teams in such critical infrastructure organizations at the request in response to the important cyberintrusion. the combat cyber crime we leveraged the skills and resources at dhs components such as the secret service, ice and cpp. we work very closely with the fbi. dhs serves as the focal point for the government cybersecurity outreach and public awareness efforts. as we perform this work where mindful that one of our missions is to ensure that privacy, confidentiality and civil liberties are not diminished by our efforts. the department has implemented strong privacy and civil rights and civil liberties standards in all its cybersecurity programs and initiatives from the outset, and we are pleased to see these in the draft bill. now, administration of private-sector reports, going back decades and laid outsiders agre

of this magnitude would accelerate the deteriorating performance of the nation's surface transportation network, greatly undermine u.s. economic growth and competitiveness, and result in the real loss of hundreds of thousands of jobs across this country. this bill includes important policy reforms that would improve the delivery of transportation improvements by consolidating programs, reducing red tape, and leveraging private-sector resources." and here's what they say, this great coalition of the chamber of commerce, the unions, and business, they say, "the a.t.m. coalition will strongly oppose any amendments to reduce the funding levels established in this legislation and remains committed to working with congress to find reliable revenue streams sufficient to support the long-term growth inn the fiscal sustainability of the highway trust fund." and this is what's so important. without the certainty of a multiyear bill, current problems become harder to solve as highway and transit conditions worsen, and land, labor and materials get more expensive. absent passage of a multiyear reauthorizat

the networks are embedded this all manner of the nation's infrastructure, including power plants and water systems and transportation met works name a few. networks have shown to be resilient but the risk continues to grow and change and our efforts must be sustained. we are working every day to protect against cyber threats through industry collaboration and partnerships with government. let me share just a few examples. in 2007, a group of private companies came together to address the developing of software products. a group of companies set aside their competitive interest to deliver a series of written deliveriables that are available to the at large. they addressed the need for global response by forming the internet group or the advancement of security on the internet. the competing companies routinely share information in an effort to mitigate abnormal network activity globally because the cause is greater than any one company. across the 18 sectors, we have organizations such information sharing and analysis centers since 1988 working on operational issues and we have sector coordinating councils that were

targeting our critical infrastructure including our electricity grids, final markets, and transportation networks, and these have been mentioned by the panelists. american businesses face constant cyber attacks that seek to steal their intellectual property and trade secrets; however, cyber security policy has been slow to adjust to these ever-increasing and sophisticated cyber threats. the cyber security act of 2012 gives the federal government and the private sector the tools necessary to respond to these troubling threats, i feel. finalizing this important legislation is a pressing priority for the congress, and i look forward to working with you on this. my question is to the panel. as you know, the bill continues hiring and pairing authorities to bolster the civilian cyber security work force and has provisions to educate and train the next generation of cyber security professionals. i'd like to hear your views on recruiting and retaining cyber security professionals, and the recommendations to the bill that you may have to address in the growing work force challenges. mr. baker? >> [inaudib

the nation's infrastructure including power plants, water filtration systems, financial and transportation networks, just to name a few. while risk assessments are being conducted, it delegates that networks are resilience. it is important to acknowledge that the risk continues to grow and change our efforts must be sustained and agile. in recognition of this reality, the private sector is working every day to protect against cyber threats. let me share a few examples. in 2007, a group of private companies can together to address the issue of software assurance and improving the integrity of software and hardware products. one group has a series of written deliverables available to the industry at large. in 2008, a group of private sector companies came together to address the need for global, instant response by forming the internet consortium for the advancement of security on the internet. participating companies routinely share information in an effort to mitigate abnormal network activity globally because the cost is greater than any one company. across the 18 sectors, we have organizations wo