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Dec 20, 2012
12/12
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CNBC
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although, you know, for the uk economy, the consumer sector is not the weakest point. i think what is interesting about the uk economy in the last six months is this quite stronger than expected growth. if you look at the gdp number. but a very worrisome trend. so a liberal market that remains very, very firm with respect to other similar economic weakness. and i think that is what we really have to solve on the uk economy to know if this relativerelativ relatively soft, but also, i mean, rather encouraging if you look at other european countries numbers. i think we will have to wait until well into next year to understand if this is going to have a long-lasting consequences on the uk economy and also on the consumer sector. it's too early to say.
although, you know, for the uk economy, the consumer sector is not the weakest point. i think what is interesting about the uk economy in the last six months is this quite stronger than expected growth. if you look at the gdp number. but a very worrisome trend. so a liberal market that remains very, very firm with respect to other similar economic weakness. and i think that is what we really have to solve on the uk economy to know if this relativerelativ relatively soft, but also, i mean,...
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Dec 21, 2012
12/12
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CNBC
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often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the uk to begin with. it's an international stock market and it's very dominated by the resources sector. we quite like energy, but we're not so keen on the materials. we don't think the uk is going to do as well as the s&p or the euro stocks. we're expecting markets to be more strong because local expectations are going to be overly depressed and they matter. >> kevin, briefly, what about the yen? this seems to be one of the biggest stories for the bank of japan. do you bet on the bank of japan here? >> we expect them to loosen and of coursively push the yen down. the only qualification one has
often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the uk to begin with. it's an international stock market and it's very...
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Dec 5, 2012
12/12
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CNBC
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the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments, whether they be coalition, torrey, labor governments have made a right mess. why is that this tone that is so complicated that creates all these opportunities for avoidance? >> it's because people have built anti-avoidance legislation on anti-avoidance legislation rather than actually thought about what they're trying to tax. but part of the problem with the u.s. companies from the government's perspective is that the international tax regime worked quite well when profits tended to be made in the same country that sales are made in, but the pac have got excited about the fact that sales are hig
the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments,...
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Dec 18, 2012
12/12
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CNBC
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uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is actually a big source of stimulus for households. absolutely. i don't want to make too much about it, but the biggest attacks oeft with the and elevated since the mid '70s, it could be coming to an end. so i think that is something we need to be aware of. the annual fuel rate in the uk is about 15 billion to consumers. you're looking at another percent on income. so as i'm sitting down righting the income for next year, it's not all doom and gloom, the mood is similar to last year where next year it's too horrendous to count. >>
uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is...
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Dec 22, 2012
12/12
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CSPAN2
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so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest.
so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again...
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Dec 22, 2012
12/12
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CSPAN2
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eye 205
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so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest.
so, let the uk youth parliament lead the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. [applause] >> and his wife, have always been interested in youth issues and the concerns of young people and that is reflected again...
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Dec 3, 2012
12/12
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CNBC
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and uk over those libor claims.a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
and uk over those libor claims.a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
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Dec 6, 2012
12/12
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CNBC
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international competitors, our economy here in the uk is growing by 0.6%, whereas in germany, we've seen growth of 3.6%. in the u.s., growth of #.1% during the same period. so certainly not a cause for celebration. still a difficult operating environment. under the former chancellor's plan, we would have been borrowing less in the next three years. because the government has failed to get our economy growing and because the policies have pushed us into recent double dip recession, they'll be pr rowing 212 billion pounds more than they planned. put that in context, that is the equivalent of what we in the uk will be spending this financial year on health, transport and defense in aggregate. >> you were talking quite rightly about the low level of
international competitors, our economy here in the uk is growing by 0.6%, whereas in germany, we've seen growth of 3.6%. in the u.s., growth of #.1% during the same period. so certainly not a cause for celebration. still a difficult operating environment. under the former chancellor's plan, we would have been borrowing less in the next three years. because the government has failed to get our economy growing and because the policies have pushed us into recent double dip recession, they'll be pr...
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Dec 31, 2012
12/12
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CSPAN
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eye 143
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so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest. who
so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today...
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Dec 27, 2012
12/12
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WMAR
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. >> this is aerial video from the uk.t white hot spot you see in the middle of the screen is a woman that was washed away from her 4x4 that was trying to cross a flooded river. when police arrived, they saw a man and his son on top of the vehicle, but the woman had been washed downstream. the father and son were rescued by a nearby farmer. rescue crews had to use this heat-seeking camera to find where the woman was. it's hard to tell, but she's clenching to a branch in the middle of these floodwaters while the helicopter keeps an eye on her, and guides a rescue boat down river to pick her up. >> it's amazing. she was washed away by floodwaters and was able to end up grabbing something and holding on to it until rescuers got there. >> clinging for about an hour. rescuers, you see here, able to get her in the boat. she survived and was okay. imagine the helicopter once it located where she was, sort of just hung out in the air. >> yeah. just being those eyes in the air was key to this woman's survival, and to give you an id
. >> this is aerial video from the uk.t white hot spot you see in the middle of the screen is a woman that was washed away from her 4x4 that was trying to cross a flooded river. when police arrived, they saw a man and his son on top of the vehicle, but the woman had been washed downstream. the father and son were rescued by a nearby farmer. rescue crews had to use this heat-seeking camera to find where the woman was. it's hard to tell, but she's clenching to a branch in the middle of...
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268
Dec 20, 2012
12/12
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CNBC
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that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have
that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor,...
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387
Dec 24, 2012
12/12
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CNBC
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all of us across the uk can expect to see rain coming through today.t is moving, as you say, from west to east. things should start to improve in western areas as we go into the afternoon and the evening. and that, then, brings us into a day for tomorrow where we'll see a mixture of sunshine and showers. so the last of the heaviest rain is beginning to move away from the uk just at the moment. >> helen, hi, it's louisa. we're seeing some pictures as you're speaking of how it's affecting transportation surfaces. have you seeing it affect a large portion of real networks across the uk or is it kind of in certain districts? >> the rail networks have clearly been affected. the rain caused some damage to rail tracks last month down in the southwest. and, of course, with the river so high now, any amount of rain is going to add to difficulties with transport disruption. not only on the rails, but on the roads, as well, because the ground is saturated. because there is nowhere for this new rain that falls to grow. we are not out of the woods when it comes to
all of us across the uk can expect to see rain coming through today.t is moving, as you say, from west to east. things should start to improve in western areas as we go into the afternoon and the evening. and that, then, brings us into a day for tomorrow where we'll see a mixture of sunshine and showers. so the last of the heaviest rain is beginning to move away from the uk just at the moment. >> helen, hi, it's louisa. we're seeing some pictures as you're speaking of how it's affecting...
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Dec 11, 2012
12/12
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CNBC
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uk based assets of a failing u.s.k. the offer, which was not reciprocated, is part of an attempt by regulators in controlling the risk of institutions collapsing. >>> and the 20th position to hold a ceo at a fortune 500 case. and 16.6% are at the broad end of the fortune 500 firms. with more on the catalyst 2012 fortune 500 consensus is deborah gillis. deborah, thanks for joining us. why has the number not improved in sort of seven years? >> well, if you say it's been seven years and barely any movement in terms of women's representation on -- and, in fact, very little movement over the last three years for women in executive officer positions. why is that? it's certainly not a supply problem. we know that there are many women with the skills and experience to serve on corporate boards. in fact, our research shows that if you look at the executive officer pool and the fortune 500, there are 710 women with the skills and experience to serve on corporate boards. so we really need to dispel the myth that it's the supply
uk based assets of a failing u.s.k. the offer, which was not reciprocated, is part of an attempt by regulators in controlling the risk of institutions collapsing. >>> and the 20th position to hold a ceo at a fortune 500 case. and 16.6% are at the broad end of the fortune 500 firms. with more on the catalyst 2012 fortune 500 consensus is deborah gillis. deborah, thanks for joining us. why has the number not improved in sort of seven years? >> well, if you say it's been seven years...
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Dec 15, 2012
12/12
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KCSMMHZ
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that is not allowed within the uk bribery and it is a good example of where the legislation has sought cut out a grey area. >> transparency international played a part in developing the bribery act. before it, the uk was lagging behind in the fight against corruption. >> if you go back to 2007, we had zero cases. whereas the us had more than a hundred, germany had more than fifty. we are now catching up. i hope that with the bribery act we will see a further increase in uk law enforcement and see more cases coming through. >> how can companies protect themself against employees being corrupt? that's a particular challenge for large firms. halcrow group employs 4,500 people in britain -- most of them engineers. they work on construction sites around the world. bribery is common practice in the building sector, so halcrow has taken to training its staff at least once a year so everyone knows what's allowed. >> recognizing an approach, it could come in a very innocent way, or innocent looking way. and so its about ensuring that our people dont expose themselves and the company by getting
that is not allowed within the uk bribery and it is a good example of where the legislation has sought cut out a grey area. >> transparency international played a part in developing the bribery act. before it, the uk was lagging behind in the fight against corruption. >> if you go back to 2007, we had zero cases. whereas the us had more than a hundred, germany had more than fifty. we are now catching up. i hope that with the bribery act we will see a further increase in uk law...
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Dec 4, 2012
12/12
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KQED
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tavis: you mentioned the uk. how does this notion of "antifragile" apply in a place like egypt right now? >> the way i was complaining about egypt before the arab spring. when you suppress political life -- political life loves volatility. switzerland is a perfect place where you have volatility at the municipal level, but nothing of talk. the exact perfect on stable system is like saudi arabia or egypt. egypt before the arab spring, we had no information for 40 years. no information. a system artificially stabilized and you have hidden risks under the surface and you do not know what they are. that is what happened with the arab spring and now we are seeing things and it may turn into a total mess. the system is fragile last by depriving it from some rigid depriving it of political ofatility -- depriving it political volatility. tavis: doesn't always lead to greater strength? >> you want to -- does it always lead to greater strength? >> you want to favor the systems. unfortunately, the more the government become
tavis: you mentioned the uk. how does this notion of "antifragile" apply in a place like egypt right now? >> the way i was complaining about egypt before the arab spring. when you suppress political life -- political life loves volatility. switzerland is a perfect place where you have volatility at the municipal level, but nothing of talk. the exact perfect on stable system is like saudi arabia or egypt. egypt before the arab spring, we had no information for 40 years. no...
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Dec 19, 2012
12/12
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CSPAN2
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we should be looking after the disabled citizens here in the uk. will the prime minister listen to the 62000 people who signed the petition? and finally, finally, please order an assessment of all changes -- [inaudible] >> i will look very carefully at the very tragic case the honorable gentleman brings to the house, everyone's thoughtful got to that person family and to what has happened to them. what i would say to him is that the actual money we're putting into this disability benefit over the coming years is going up and not down. i think everybody knows that everyone except when it have a review of disability benefits. some people have been stuck on these benefits and not been reviewed for year after year after year. that is the view of the disability charities and that's the view of the government as well. >> harry jaffa baldwin. >> thank you, mr. speaker. as we approach christmas, will the prime minister join me in celebrating the fact that there are more people in employment this christmas than there's ever been in this legislation? >> the
we should be looking after the disabled citizens here in the uk. will the prime minister listen to the 62000 people who signed the petition? and finally, finally, please order an assessment of all changes -- [inaudible] >> i will look very carefully at the very tragic case the honorable gentleman brings to the house, everyone's thoughtful got to that person family and to what has happened to them. what i would say to him is that the actual money we're putting into this disability benefit...
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105
Dec 13, 2012
12/12
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KICU
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eye 105
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this is called "the 15 babies" a reference to weight in the uk.terview people in the uk and united states. >> [ inaudible ] you know, we don't want to be weird children. we want to be the child. >> it's hard not to just laugh at this but on the other hand, be hey, you know what, you got one life to live in nis world, live it happy. if you're not hurting, i guess there's nothing wrong with it. >> it's a hidden world. >> i think i'm weird and a freak and never want to talk to me again. >> full of pain and secrecy. >> i can't tell how i feel. >> now adult babies are connecting through social media and realizing they are not alone. >> how many of these people are there? >> some believe that there could be up to 500,000 adult babies in the united states alone. >> it's fascinating. it's weird. doesn't make sense to us but is fascinatin call them the pix naked couple. what if you could have pants like that? >> i think it's cool. >> i totally get it. i love it. it's funky, eccentric and odd. >> it's for sale. >> see where and see who's behind it next. >>
this is called "the 15 babies" a reference to weight in the uk.terview people in the uk and united states. >> [ inaudible ] you know, we don't want to be weird children. we want to be the child. >> it's hard not to just laugh at this but on the other hand, be hey, you know what, you got one life to live in nis world, live it happy. if you're not hurting, i guess there's nothing wrong with it. >> it's a hidden world. >> i think i'm weird and a freak and never...
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206
Dec 7, 2012
12/12
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CNBC
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eye 206
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we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was going on with the earthquake. aussie dollar below 1.05. sterling-dollar just slightly weaker. that's where we stand as far as the european markets are concerned. let's get a wrap of the final trading day in asia this week. >> asian markets wrapped up the week on a mixed note. shanghai composite gained 1.6% and it's up over 4% on the week. stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc
we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was...
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341
Dec 6, 2012
12/12
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CNBC
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they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for british investment bank. we're alone in not having a state backed investment institution to plug that market failure. and i think the officer of budget responsibility, our independent fiscal council here, has made clear part of what is holding back growth is this credit problem that we have. now, sure of course the eurozone affects the wholesale money markets, but there are things that you can do domestically to address that. and if you look at, say, sorry to use germany constantly, but during the liquidity crunch in 2009, germany investment bank kfw was able to immedia
they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for...
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478
Dec 11, 2012
12/12
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CNNW
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eye 478
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the uk has held hearings and issued reports on this.ons to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an update from florida, coming up in just a minute. stay with us. alright, family photo. charlie! stop punching your brother. he asked me to! hey, sarah, stop texting, and look at your dad. i can do two things at once. ok, well just look at your dad, so he can get this shot. i'm going to be a ninja! (chaos & noise) got it. what? yeah, i got it, come here. nobody move, especially you, charlie. how'd you do that? automagically. let's eat. combine pictures with best face. on the new samsung note ii. for a limited time, get two flip covers for the price of one, exclusively at verizon. can your moisturizer do that? [ female announcer ] dermatologist recommended avee
the uk has held hearings and issued reports on this.ons to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an update from florida, coming up in just a minute. stay with us. alright, family photo. charlie!...
SFGTV2: San Francisco Government Television
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153
Dec 13, 2012
12/12
by
SFGTV2
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eye 153
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j+v34e hearing on november uk-1f9 14@xj;g.sign in ji brief we said we would be using the truck at the locationáecz4n!auqz0ñ theyd5nv identified. dpw has on its website the guidelines it uses an'v3 about composition of menu. youghad them%( jp%m menus before you and thid opportunity to talk about them. they talk about construction on thet site the construction has been ongoingl.c 14th. they talk about a mobile food facility laws,.ñpnÑÑ measurementj-c inconsistenciesáí9!35 dpw's quawification to÷7::n/ make these determines buti?b!ow we ask6ó consider --:,e/çl111a%w that you allow the the board of superviso+;::w intended, and.t!<ç] to allow my client who hasj great deal of money on]v permit to go forward and try to operate his vehicle. one other request thatú&bçl i might have is that ifej there's public comment appellants, and:pb>í0 u+ 1zs-npx8.njc÷ib!t[d4"our= >> j1
j+v34e hearing on november uk-1f9 14@xj;g.sign in ji brief we said we would be using the truck at the locationáecz4n!auqz0ñ theyd5nv identified. dpw has on its website the guidelines it uses an'v3 about composition of menu. youghad them%( jp%m menus before you and thid opportunity to talk about them. they talk about construction on thet site the construction has been ongoingl.c 14th. they talk about a mobile food facility laws,.ñpnÑÑ measurementj-c inconsistenciesáí9!35 dpw's...
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324
Dec 13, 2012
12/12
by
CNBC
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eye 324
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>> well, none have is 00% committed in doing so, except the uk and sweden.ers have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the germans said only 30 or so. we ended up with something closer to 150. and the option for the ecb pinpoint ago problem, even if it's the smaller banks saying, we have a problem there. we have to pull that into our supervision, they can do that. that seems to be the provision that we have here at the moment. so i think everybody could be out there and say, we won a little bit and that's how eu decisions usually work. you have to end up in a consensus that everybody can live with and at least we get a law that deserve tess name on track and then it could become operational in terms of
>> well, none have is 00% committed in doing so, except the uk and sweden.ers have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the germans...
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versus the uk today. although the uk has not had growth, it has created jobs.irror image of the u.s., which had a reasonable amount of growth and much is jobless growth. do you have any views why the uk has managed to create jobs and america hasn't? >> last week about the uk, we're becoming a more competitive economy. we've aggressively cut the business tax rates and moving up the rank of competitive economies in the world. i think the challenges in britain america are pretty similar. we face the same issues with a competitive ship to economic power to china and the like. we have to educate our children better. we're doing the things. i think the issues we take on entitlement reform and education reform, these are the things that the u.s. congress and administration have to tackle in the next year on or so. >> what about europe? will the euro zone up stick together and will the uk start part of the union? david cameron said in the last couple of days there may need fob a referendum on that. >> the euro zone will stick together. they made a decision through this
versus the uk today. although the uk has not had growth, it has created jobs.irror image of the u.s., which had a reasonable amount of growth and much is jobless growth. do you have any views why the uk has managed to create jobs and america hasn't? >> last week about the uk, we're becoming a more competitive economy. we've aggressively cut the business tax rates and moving up the rank of competitive economies in the world. i think the challenges in britain america are pretty similar. we...
SFGTV2: San Francisco Government Television
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and uk theater companies and is the recipient of the allen wright award for arts journalism, the sundancetute arts fellowship and the nea fellowship of journalism. in 2006, she received a best columnist nomination at the annual san francisco media excellence awards and her first book on acting was published by farber and farber in the uk and farber, inc., in the united states. let's welcome phillip and chloe >> hi there, phillip. >> hi, chloe >> so, this play, it's been quite a journey. we're talking 3 1/2 years, maybe nearly 50 different drafts and 5 workshops? . >> five workshops, yes. >> so, looking back at the journey, how has it been for you and has it come out as you expected it would? . >> what's interesting is if you work on a play this long, normally there are times that it becomes redundant and you get a little bored with the piece. it's only natural. it's pushing 4 years now. this one was interesting in that it never got boring or ever felt redundant and each thing that we did over these almost 4 years, whether it was going off to sundance or to writer's retreat they have in sh
and uk theater companies and is the recipient of the allen wright award for arts journalism, the sundancetute arts fellowship and the nea fellowship of journalism. in 2006, she received a best columnist nomination at the annual san francisco media excellence awards and her first book on acting was published by farber and farber in the uk and farber, inc., in the united states. let's welcome phillip and chloe >> hi there, phillip. >> hi, chloe >> so, this play, it's been quite...
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stink, which will be on at christmastime in the uk. and who knows. who knows what is going to be after this. none of us know whether downton has one more season or several more systems. >> rose: thank you for coming, congratulations. >> thank you for having us. thank you so much. >> rose: garrison keillor is here, he is perhaps the country's most beloved midwesterner for almost 40 years, he has hosted the radio program of prairie home companion each saturday night. its mix of music and humor and homespun erudition reaches four, count them 4 million listeners or 590 station this is month a program will be broadcast live from the town hall here in new york city, i am pleased to have garrison keillor back at this table, welcome, sir. >> you make it sound good, charlie. >> rose: it is good. >> i wish my mother were around to hear that. >> rose: i want to show your mother how good you are. 70, we just briefly reflecting on 70. >> it is a good age, it is a good age, you will find that out, son, when you -- >> rose: i have already found that out. >> it is w
stink, which will be on at christmastime in the uk. and who knows. who knows what is going to be after this. none of us know whether downton has one more season or several more systems. >> rose: thank you for coming, congratulations. >> thank you for having us. thank you so much. >> rose: garrison keillor is here, he is perhaps the country's most beloved midwesterner for almost 40 years, he has hosted the radio program of prairie home companion each saturday night. its mix of...
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now starbucks says, it's only made money in the uk once in the last 14 years, 15 years.this is an example -- look, what they are doing is perfectly legal. certainly starbucks deny that they're doing it for thor. of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of that. you could if you wanted to be silly. britain has a bit of a big tax gap problem overall, right? >> it does. and the chancellor of the -- the finance minister has now warned that he won't meet his deficit targets for austerity will have to continue. we expect higher taxes on the rich tomorrow, cuts in public spending, and in this environment the multinationals like google, amazon, starbucks, are very firmly in the firing line. after all what better than to attack big corporate america. and they're being told, smell the coffee. i can play that game, too, michael. >> wake up and smell the cof
now starbucks says, it's only made money in the uk once in the last 14 years, 15 years.this is an example -- look, what they are doing is perfectly legal. certainly starbucks deny that they're doing it for thor. of tax avoidance. but there's no question in times of austerity -- tomorrow we'll find out what taxes in the uk are going to go up -- that this sort of finagling of the finances is most definitely not on. >> i suppose you could call it creative bean counters behind all of that....
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in the uk, starbucks says it will start paying corporation tax. the company has nearly 1/3 of the uk coffee shop market, but has only paid the tax once in the past 15 years. starbucks has been stung by public criticism of its actions. you're watching "bbc world news america." still to come on tonight's program, nearly 25 years after a deadly gas attack, one kurdish town is still trying to identify the scores of people who died. to japan now, where the authorities are trying to figure out how tunnel collapsed on sunday, killing at least nine people. huge concrete slabs in the tunnel smashed on to cars. that started a fire on the main route from tokyo to central japan. we report now on that story. >> only this morning, the mangled wreckage of three vehicles was brought -- early this morning, the mangled wreckage of three vehicles was brought from the tunnel. last came a small delivery truck. the driver had been trapped, but alive. by the time rescuers got to him, he was dead. the collapsed tunnel lies deep in the mountains of central japan, just to
in the uk, starbucks says it will start paying corporation tax. the company has nearly 1/3 of the uk coffee shop market, but has only paid the tax once in the past 15 years. starbucks has been stung by public criticism of its actions. you're watching "bbc world news america." still to come on tonight's program, nearly 25 years after a deadly gas attack, one kurdish town is still trying to identify the scores of people who died. to japan now, where the authorities are trying to figure...
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joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio manager at coutts, it has been at times a legal high gold exposure surging upwards in times of stress. for those days seem to have gone. trimming it. that is a fact that there's a real shortage of low risk investments of on german bunch negative. >> but you're saying it's trading like other risk assets at the moment. >> at times, it's correlated with em. so it's less attractive from a portfolio construction perspective as compared to what it was. >> it's fascinating because we've been talking about one theme for 2013 being is it a stock picker's market, are we seeing less differentiation, w
joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio...
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this is one of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so much. that does it for this edition of "360." see you again one hour from now at 10:00 p.m. eastern. thanks for watching. "piers morgan tonight" starts now. >>> tonight, tragedy in kansas city. >> how many shots? >> a football star's shocking murder-suicide. two more victims of gun violence. now the great debate rages again. is it time for america to put down its guns? both sides go head-to-head. >>> also, one of the biggest names in the history of the game speaks out. hall of fame quarterback joe namath joins me exclusively. >>> plus, a man that many say is
this is one of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so...
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these are british citizens that have their petition saying we don't want piers to come back to the ukquite a few british scitizens signed on saying we don't want him. please keep him in the united states and one of the petitions is actually directed towards the uk government saying should the united states decide to demr. morgan, they should reject the deportation. have him stay somewhere in the atlantic, let him hang out there. but -- >> you said you -- you feel bad for piers morgan. you never feel bad for anybody on tv. we all bring it on ourselves. okay. he brought it on himself. any response from him today as a result of all of this stuff? >> he has been on twitter poking -- water off a duck's back, poking fun at it. he had a lot of people on twitter saying come to sierra leone, canada, come here. he wished everyone wishing his deportation a merry christmas the other day. >> he used to work in british tabloids. >> yes. >> i mean -- his skin must be made of kevlar, right? that's one of the dirtiest businesses out there. as we have learned in the last couple of years. >> absolutely.
these are british citizens that have their petition saying we don't want piers to come back to the ukquite a few british scitizens signed on saying we don't want him. please keep him in the united states and one of the petitions is actually directed towards the uk government saying should the united states decide to demr. morgan, they should reject the deportation. have him stay somewhere in the atlantic, let him hang out there. but -- >> you said you -- you feel bad for piers morgan. you...
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guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ag
guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not...
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>> it's really about the access to the uk/u.s. marketplace. largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say, okay, let's modify some of the flight schedules in terms of there's 31 daily flights
>> it's really about the access to the uk/u.s. marketplace. largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and...
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i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking
i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger...
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>> it couldn't really be worse if you're one of the tabloid papers in the uk.0 pages long. the press behavior is described as outrageous. says that editors disregarded their own code of conduct. he does make a point there are other papers. the guardian mile home broke the story. if you're at the end of the british press in what we call the red top tabloids this is a pretty uncomfortable report. >> all 2,000 pages of it. wasn't it partial vindication because the findings were he didn't know about the phone hacking or know about any cover up? >> yeah. this is good in terms of his news core business. there's all kinds of bits of legislation that can get you into trouble over here if you're implicated in what might be a corrupt or illegal practice in the uk or any other territory. >> at the same time some of murdoch's former lieutenants are facing trouble. >> i think that's definitely true. i think nobody would dispute that. you have a number of senior editors awaiting trial. we've already had one journalist. his royal journalist when to jail for this in 2006. this
>> it couldn't really be worse if you're one of the tabloid papers in the uk.0 pages long. the press behavior is described as outrageous. says that editors disregarded their own code of conduct. he does make a point there are other papers. the guardian mile home broke the story. if you're at the end of the british press in what we call the red top tabloids this is a pretty uncomfortable report. >> all 2,000 pages of it. wasn't it partial vindication because the findings were he...
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and then with music from this debut album it went quintuple platinum in the uk. the bud light stage. and just as a reminder as long as the world doesn't end on friday or anytime else in the next two weeks our show moves to a new timeslot we move to 11:35 starting january 8th. our guests that night will be jennifer aniston and no doubt. and i'll probably be here too. so please join us. our first guest tonight is a very fine actor who will strike down upon thee with great vengeance and furious anger those who attempt to poison and destroy his brothers, just so you know. he re-teams with quentin tarantino in the new movie "django unchained", which opens in theaters christmas day, >> you need to be on his blind side. huh? >> i said you said you ain't no him. >> i don't. >> yes, you do. >> i don't. >> why is you lying to me? >> i ain't. >> then why is you crying? >> you're scaring me. >> why is i'm scaring you? >> because you're scary. >> jimmy: please say hello to samuel l. jackson. [ cheers and applause ] that's some jacket you got there. >> thank you very much. >>
and then with music from this debut album it went quintuple platinum in the uk. the bud light stage. and just as a reminder as long as the world doesn't end on friday or anytime else in the next two weeks our show moves to a new timeslot we move to 11:35 starting january 8th. our guests that night will be jennifer aniston and no doubt. and i'll probably be here too. so please join us. our first guest tonight is a very fine actor who will strike down upon thee with great vengeance and furious...