u.s. nuclear exporters to india? and more broadly what is the current state of our energy dialog with them? i would appreciate your views on going security cooperation in south asia, in light of the intent to reduce u.s. forces in afghanistan and our complex relationship with pakistan, what opportunities exist for u.s./india initiatives designed to combat terrorism, i look forward to your views on how to address these and others. i thank you for being with us and thank the chair. >> thank you. ambassador powell, we welcome your testimony and i don't know if you want to introduce any family members with you, but we welcome that also. >> i'm honored to appear here today as the nominee as ambassador to india. i'm grateful for the trust and confidence. i would like to thank you for giving me the opportunity to appear before you. if confirmed i look forward to advancing the strategic partnership with india. i would like to say a special thank you to my state department family members and their advice in my preparations for

u.s. mission in india actively seeks opportunities to keep and create jobs in america. in response to the president's national export initiative, the u.s. mission promotes the export of u.s. products, services and technologies supporting tens of thousands of jobs in the united states. india with its population of 1.2 billion and it large consumer economy represents a huge, fast-growing market for manufactured goods. our exports are growing at nearly 17% a year. at this rate exports from the united states to india are expected to near he double in five years -- nearly double in five years. another priority is our defense cooperation which currently is at an all-time high. u.s. defense sales to india reached nearly $8 billion last year, and india holds more military exercises with the united states than with any other country. as stated in the national security strategy, we see india as a security provider in the indo-pacific region. as india continues to modernize its armed forces, there are additional opportunities for us to expand our cooperation across all the services

this means costs will go up which russia the u.s. india and brazil all well china has flatly brought here but it's companies from paying even though the sums of money for each passenger already it's at least me to europe. two euro's so or five euros from additional charges given the fuel prices. to yourself and you inflation and you result in quite a significant amount ten percent might be even ten percent so once this all together given that airline business is very profitable each to your is actually quite important the e.u. is showing no signs of backing down this raises the prospect of nations outside the bloc refusing to introduce. taxes in retaliation this will make travel even less affordable there will be fewer flights and lines will go out of business what. business are to. take a look at what's happening in the currencies the euro is rising slightly to the dollar after one hundred seventy two billion dollars bailout has been a great fall and all night some of the european ministers and show us pushing the ruble higher against bot

this means costs will go up which russia the u.s. india and brazil all well china has flatly brought here but it's companies from paying even though the sums of money for each passenger it's at least me to your. two euro so five euros from addition of heroes were charged given that prices are higher to euro's off and you inflation and your result in quite a significant amount ten percent maybe even ten percent so once this all together given that airline business is very profitable to your is actually quite important the e.u. is showing no signs of backing down this raises the prospect of nations outside the bloc refusing to introduce punitive taxes in retaliation this will make travel even less affordable there will be fewer flights and lines will go out of business but. business. for let's take a look at the markets now we'll start with oil curtis following on speculation that prices which are near in line while high broker of the land as a consensus for go but it's that crisis that's also gets the backdrop of rising crude stockpiles in

if india keeps buying iranian crude, it will be an irritant in relations between the u.s. and ind india, greg priddy says, but iran's paying for bargain basement prices could be washington's gain. >> that crude is going to get sold somewhere. it's going to hurt iran a lot, but it's not going to hurt us very much. >> reporter: the u.s. is urging india and other countries to buy less iranian oil and to find alternate sources. everyone understands, if all iranian oil were taken off the market, that would cause a spike in oil prices, and that would end up hurting the united states. jill dougherty, cnn, the state department. >>> now, here on "world business today," for many days, we've been telling you about the deep freeze gripping parts of europe and europe's busiest waterway, the danyu river, remains frozen in parts particularly from india to the black sea. now we go to the weather center to find out what to expect over the next few days. hey, ivan. >> hey there, nina. a lot of cold air on the way, colder than what we've seen. i'll start with the picture behind me, the canals

his interest in humanitarian issues was first fostered by his parents, who immigrated to the u.s from india. >> when i was seven or eight years old, i don't remember exactly when, i went to visit india, and they took me through slum communities just so i could see how people lived. and i grew up in suburban detroit. i'nevebeen exposed to that before. and when you see other kids your age, when you're seven or eight years old, living in entirely different circumstances, it affects you in a very profound way, and it has led to a constant motivation i've had. >> reporter: shah took over at usaid on january 7, 2010, just five days before the catastrophic earthquake in haiti. he was immediately pulled into managing what would become the largest humanitarian response in history. after the quake, usaid worked closely with several faith-based organizations to provide food and shelter. shah says he saw firsthand the effectiveness of those groups. >> partners like world vision or catholic relief services that take the time to engage with communities they're trying to serve, that are willing to be ther

now turning to india, we are really pleased to have this opportunity to discuss what is without doubt one of the most significant partnerships in u.s. foreign policy. there are few relationships that will be as vital in this century as the grows ties with the people of india. in all of the global challenges that we face, india has an important role, we will be looking to them for cooperation and innovation and regional leadership. india's significance has been clear to many of us right now. i traveled to india and took one of the first business trade missions right after the economic reforms were first put in place and i have been there many times since. and and president obama immediately upon entering office inviting prime minister sing to be his guest at the very first state dinner. secretary clinton has visited india twice and both countries inaugurated the strategic dialog two years ago. republicans and democrats alike understand the need to capitalize on the democratic values and strategic interests that our two countries share, that is why it's important that we work together every day, as i believe we are right

u.s. citizen from india. for 18 years, he was an engineer at no. 0 grumman, the defense contractor that built the stealth bomber, one of our nation's most important strategic assets -- an engineer at no. full grumman -- nor folk -- norfolk grumman. he sold highly classified information about the stealth technology to several nations, including china, and also made six covert trips to china to assist them in development of stealth technology for their cruise missiles. partnerships again were essential in finding and stopping him before he could further damage national security. together with the air force, u.s. customs, irs, and other agencies will build a strong case against him, and this past january, he was sentenced to 32 years in prison. foreign spies know that military superiority is merely one factor that determines the world's balance of power. just as important is the kind of economic innovation we find here in the bay area. so it is no surprise that spies also target the most valuable secrets of amer

india refuses to follow suit. you don't. test equally. or more doing a former u.s. state department official said that india's failure to stand with the west on the oil embargo is a slap in the face for the united states and raises questions about india's ability to lead but despite all that indian officials won't budge on the issue india is the ranga largest oil customer with an annual trade of twelve billion dollars officials here in new delhi are negotiating with their counterparts in tehran to continue that trade using repeat instead of dollars to get around the one thing since. and it's not just india ignoring the west's wishes with four asian countries collectively buying two thirds of iran's oil while the e.u. buys just twenty percent whether the sanctions work or not is not india's concern these are sanctions imposed by the united states the european union they didn't consult us with impose these sanctions so it's that's the american problem not ours issues the welfare of our people and that energy needs that's why many feta think sions will be totally ineffe

the u.s., russia, and india have also questioned the schemes legality.plying airlines could face up the fines. >> a strong earthquake sent the people of manila running out into the streets of the philippine capital earlier today. this 6.8 magnitude tremors were followed by strong aftershocks. it killed at least 43 people. 40 more have been reported missing. >> in more business news, air france workers have walked off the job, causing major disruptions at french airports. one in five flights has been canceled, and of course there are delays for a lot more. the strike is due to last until thursday. staff are protesting against a plan to lawmaking giving individuals 48 hours' notice before going on strike. >> fans of the british monarchy are marking a major milestone. britain's queen elizabeth is celebrating 60 years on the throne. >> the head of state of britain, of course, and a number of commonwealth countries. the occasion was marked by consulates around britain, including hyde park. february 6, 1952 is when the young princess elizabeth became queen. >>

israel blaming iran for an attack on monday in india. the u.s. thinks that the same kind of terror attack could happen in the united states. iranian boats have been shadowing a carrier strike group from the u.s. martha raddatz is on one of the ships. >> reporter: it was just after dawn when the three u.s. ships began the long, tense transit through the strait of hormuz. months ago, they were warned not return. >> you want to be at a max state of readiness. >> reporter: we're on the lead ship, the uss sterett. on the bridge, the concentration is intense. >> set a course. >> reporter: surveillance tracking everything that moves. but the iranians were shadowing us silently as well. drones, navy vessels, and a patrol plane flying overhead. the shipping lane is only about two miles wide. there's little room to maneuver. that's the uss abraham lincoln behind me. these transits are routine. but miscalculations on either side could threaten the ships and close down the water way and put the world's economy at stake. >> our thanks to martha for that repor

u.s. is butting india other people's affairs when it really has no business doing so. and the indian ambassador to the u.n. says if the security council continues with its one sided approach to syria a solution will remain a very long way off. as long as the council is in a position to address and recommendation to both sides in a conflict i think you could get agreement but if the council wants to address its recommendation to one side that is the government and is not willing to encourage the opposition to come to the negotiating table then you've got a council recommendation which clearly is not acceptable to some members what we need to do on syria clearly is to realize that the situation there is spiraling out of control that one rivaling of the situation in syria will have very serious consequences for the other countries in the region and that unlike libya the consequences would be higher i'm not suggesting that what happened in libya is not see this enough of this and what's going to be one of the difficulties that we're having is that the security council expe

u.s. is butting india other people's affairs when it really has no business doing so. coming up later in the program here on our team peter lavelle and his cast and crosstalk debate the hurdles in a way of breaking the deadlock obvious here you know crisis. offer to host negotiations between all of the different parties and as we know the syrian national council you know one of the main opposition blocs has essentially rejected that offer possibly with some foreign encouragement behind them because one of the stipulations that they made one of the preconditions for the talks was that assad should resign so they wanted an old come a day goes the outcome of a process as a preliminary condition and so that possibility of negotiations is very unlikely and from my point of view it's starting to resemble a bit what was happening in libya where the opposition consistently refused to engage in any sort of peaceful negotiations. thank you. share your thoughts on the situation in syria so long gone to r.t. dot com to take part in our latest poll so so far this hour forty six per

. >>> right now, you can probably get a better sound quality from a smartphone in india than the u.s.y that may -- analysts say that may change because of a clip. the chip is tee signed to reduce -- is designed to changes the quality. >>> for the first time in history, the daytona race will be run monday night under the lights. that comes after it was rained out yesterday and this morning. we'll carry the race live at 4:00 this afternoon. our newscasts will be screaming -- streaming live online. >>> thank you for trusting ktvu. we're always here for you at ktvu.com and ktvu mobile.com.

u.s. from india. the president also met with the prime minister of india, indonesia and because lee, why the focus on jobs coming back to the u.s.? >> i think there's a bright future on u.s.-india relations in economics and trade. that is true regardless of the effort that this president has undertaken to give more momentum to a trend that's already taking place, which is the insourcing of jobs from overseas, insourcing of american manufacturing jobs and other jobs, where american companies are bringing those jobs back to the united states from a variety of places around the world. we think that's a good thing for this country, for this economy. but broadly speaking, trade with india, trade with china, trade with countries all around the world, is vital to global economic growth andest terribly to economic growth in the united states. this president has set a goal of doubling our exports by 2015. we are on track to meet that goal. and this president will do everything he can to enhance and spur econom

u.s. is but in india other people's affairs when it really has no business doing so. right now on our website i. think will be called the u.n. security council meeting on syria and so you saw a good majority fifty percent thing that you added simply being by the way as to how that is a loser that syria twenty five percent say it will end with a russia china block veto session of this found face and there will be agreement on a motion under the minority interest while found it will end with it continued u.s. efforts to overthrow the assad regime so please head to our website article called to cost you about it and also on our website a whistleblower in springfield and drew in a small engine makes it to that small screen in the final hundreds at the simpsons disco when you can catch it on air as our website. moving on now unemployment in the eurozone has hit over ten percent the highest ever since the birth of the single currency figures released show a sixteen and a whole million people to work in these seventeen states a day also the e.u. summit in brussels placed eig

u.s. . with china japan india and many many other states we also see a positive response from russia regarding all areas of cooperation and the benefit from russia has always played a major role in international affairs and russia has a great power russia should be present. a troll is indispensable russia has an initiative on security we go we supported it and confirmed it in a joint of. a doctor during a visit by our king to moscow and signed by him and president medvedev. should have cause for all political forces in the region to develop a similar approach to gulf security. the last summit of the cooperation council for arab states of the gulf put forward a proposal to create a commonwealth head have they taken any steps towards achieving this goal at. the summit itself so a number of steps and transformation of the cooperation council into a commonwealth as proposed by the king of saudi arabia a working group has been formed and the group is to hold a number of meetings to come up with its proposals in me and the annual summit of the cooperation council and real steps are being taken not o

in new delhi india and georgia. u.s. intelligence believes those were the work of iran in retaliation for israel's suspected involvement in the assassinations of iranian nuclear scientists which also used magnetic bombs. so far, no one has been killed by the retaliatory attacks, but defense secretary panetta says it's an ominous move by iran. >> it's deliberately supplying equipment and arms to others to engage in terrorist activity. that, too, concerns us very much. >> at the very least, these plots show iran has no intention of backing down in the confrontation over its nuclear program. david martin, cbs news, the pentagon. >>> it's reported that the obama administration is considering dramatic cuts in this country's nuclear arsenal. no final decision has been made but the associated press reports there are three possible options on the table. one would reduce the number of u.s. warheads by 80% down to 300 from the current level of over 1500. >>> the next leader of china is headed to iowa today. chinese president xi ji

still to come on wbt, china, the u.s., russia and india have finally found something in common. they've all got it in for the eu's aviation carbon tax. it's green-minded europe verses the rest of the world. that is just ahead. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement insurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to 80% of your part b expenses. if you're already on or eligible for medicare, call now to find out how an aarp... medicare supplement insurance plan, insured by unitedhealthcare insurance company, helps cover some of the medical expenses... not paid by medicare part b. that can save you from paying up to thousands of dollars... out of your own pocket. these are the only medicare supplement insurance plans... exclusively endorsed by aarp. when you call now, you'll get this free information kit... with all you need to enroll. put their trust in aarp medicare supplement insurance. plus you'll