u.s. or brazil, but the less -- nations all over the world, we have not seen at built. the germans may be fully proficient of gdp experts. there is another power being used. we are lucky, experts, he and i have left the c e os and they should remember and hire more. or pay more to their employees. for the first time in many years and increasing number of companies are willing to pay more. however, getting rid of deflationary alone cannot guarantee long-lasting recovery. we must exceed people's expectations to sustainable economic growth and for the purpose, two down sides, deflationary without cost to interest rate hike. one by one. let that feeling that you now have cp is. and the economy is not growing. that is the bad inflation. people should suffer. right here, the third one, if you recall, packaged policies, i know it is hard to come by. i am not saying it is easy. still, it takes us a look to see who you are, then you realize you can do more. i know i see don't like i know things. i see even believe that you had better be an optimist rather than presents. one thin

u.s. or brazil maybe.but smaller than all the rest, 192 nation all over the world, we are number three nation. lower than japan is u.s. and belgium, i think. the german and maybe 40% of the gdp are to export, while 25%. there's another power we can use the environment. that is the power of persuasion. here we are lucky as both of us ex-prime ministers, he and i have met a whole bunch0s ceos and they should remember their patriotism and hire more, or pay more to their employees. it is -- for the first time in many years an increasing number of companies are willing to pay more. however, getting rid of denation -- deflation mindset alone cannot hamper long-lasting recovery. we most leave people with expectation to sustainable economic growth. and for the purpose we must have two downside risk. one, inflation without growth. two, interest rate hike without growth. let me understand one by one. let's assume that you now have rising cpi, but you have no pay rise. the economy is that is a bad inflation. people s

u.s. or brazil maybe but smaller than all the rest of the 192 nations all over the world.re number three nation from below. [inaudible] the german and 40%ts gdp out of export while china about 25%, for instance. there's another power we can use to invite more growth; that is the power of persuasion. here shinzo abe and i are lucky as both of us are ex-prime ministers. he and i have met a whole bunch of ceos and request that they should remember their patriotism and hire more or pay more to their employees. it is working. for the first time in many years, an increasing number of companies are willing to pay more. however,getting r of deflation mindset alone cannot warrant long lasting recovery. we must lead people's expectation to sustainable economic growth. and for the purpose we must address two downside risks. one, inflation without growth. two, interest rate hike without growth. let me understand one by one. let's assume that you now have rising cpi, but you have no pay rise because your economy is not growing. that's a bad inflation. people should suffer then. it is r

u.s. or brazil may be, but smaller done all the rest -- smaller than all the rest.e are the number 3 nation. china, about 25%. , that isanother power the power of persuasion. we are lucky, we have meant a ole s ceos. they should remember their patriotic and hire more or pay more to their employees. for the first time in many years, an increasing number of companies are willing to pay more. however, getting rid of deflation, cannot warrant long-lasting. we can lead people's expectations to sustainable economic growth. we must commit to downside risk. inflation without loss, interest rates. let me understand one by one. now haveume that you rising c.p.i. your economy is not growing. that is bad inflation. people should stop this. azooka, ite third should come into play. is enhancementka policies. by, i amard to come not saying we can do it easily. takes us only a look in the mirror to see who we are and then we realize we can do more. i know i sound like an leadist, i believe that to your nation come at you had better be an optimist rather than a pessimist. -- both of

skyrocketed for example the trade wall between brazil and china in two thousand and twelve alone has reached a whopping one thousand percent or seventy five billion u.s. dollars the same happened to other countries in the region making china their number one trade partner the place previously occupied by the u.s. on the top of that china and brazil have recently struck an agreement to ditch the u.s. dollar and trade in their own national currencies similar agreements have been made between china and russia and china and australia china's rise has certainly faced criticism and accusations of currency many feel lation from washington d.c. is the us is feeling that is losing its position as the world's leading economy. but china consistently demonstrated its resilience in diplomacy and its independence in the economic decision making so the tropical island of none may be nothing like the mighty slopes of switzerland but the economic agreements made here may send avalanches across the globe that are just as powerful. we'll be covering the forum for us throughout the next three days on air and on line at city from billions of dollars a starship in tax hav

, in the coming few years, i think, russia, south africa, brazil, these countries are unlikely to grow much faster than the u.s. at about 2.5% or so, this entire concept that all these markets and economies were destine to catch up to the u.s. is now the question as they run in to their own domestic problems. >> the second graph that you have which shows you what happened in terms of the equity markets here. i mean, 40% decline. >> what this tells you is that these markets are disappointing because growth expectations are not being met. now, brazil's growth rate last year was 1%. russia's growth rate this year should be no higher than 3%. india's growth rate has slowed down from 9% to 5%. you want to say 5% is not too bad. india's per capita income -- >> compare would $45,000. >> at that per capita income level growth rate of 4% to 5% truly feels like a recession and, in india, that's the mood there. no economic gloom about what happened out there. >> talk about china, because china, after all, has grown at 10% a year for 35 years. fastest growth in human history. and, of course, it's going to slow down. you know, the communist

whether you own or rent, what's in your medicine cabinet, it -- the average app user from the u.s. and canada owned the most slaves with 41 in the u.s. and canada, germany and brazilactually lead the race in leveraging technology. >> it is amazing what technology can do and this is an important step forward. thank you so much, richard. that's going to wrap up this our of jansing and company. thomas roberts is next. you got a lot going on in your hour, my friend. >> first off the president's live remarks any minute now to reveal his new budget plan. >>> senators joe manchin and pat toomey announcing their by partisan deal in background checks for guns. >>> we're also going to speak with the daughter of newtown's late principal who has been talking to senators and taking them to task for not calling her back online. also a massive immigration rally is being planned today as part of the immigration 8 get closer to a deem. a lot going on, you can't afford to miss it, stick around, all coming up in the next hour. [ engine sputters ] [ dennis ] allstate wants everyone to be protected on the road. whether you're an allstate customer or not. all you have to do is call. [

u.s. maine -- as i said, the number one or two target for regime change. the opposition knows that. they don't feel like there's any reason to work with the government the way the opposition and brazilsponse as we wrap up? >> there is a much luster in u.s. venezuela relationship. venezuela continues under chÁvez to sell oil to the united states. a company like chevron operate in venezuela. think the u.s. shameful in the coup in 2002, but that was more than a decade ago. i think as this heightened rhetorical attacks between our from caracas, largely not as a distraction rid surreal level with nicolÁs maduro accusing the cia or the u.s. of poisoning hugo chÁvez, giving him cancer. and that is ridiculous. >> mark weisbrot, and that one issue of the charges in the belief of many in venezuela that the united states killed hugo chÁvez? >> well, that not presented any evidence. until they do, i cannot say it has any validity. but i can understand why people would believe ed reed, a times today tried to kill castro? -- the white house has a kill list or they kill people they don't like every week. i can see why people would believe that, but i have no idea whether there is any validity. >>

like to see strong strategic allies like israel and brazil and poland reward for their cooperation with u.s. foreign policy by included in the face or -- visa waiver program? >> yeah, but i'm not in favor of living standards do. i think about to meet the standards and procedures under. spit out another standard has been what you describe, which is a 3% rejection rate as determined by the customs and immigration service. some countries go slightly beyond the cart -- some embassies have a more liberal policy with regard to applications than others do. with that in mind, instead of outsourcing decision-making to the customs and integration service, would you like to see input with regard to diplomatic and security and also economic considerations when these determinations are made? >> i would have to review the. let me just tell you that there are several established criteria in the act with respect to the current standards of the visa waiver. one is that the government provides reciprocal visa waivers. too, that the government issues secured machine readable passports. three, that the government certifies they have a program to incorp