of war. and. start. to cross like iran and its oil i'm joined by john robson in ottawa he is a columnist in commentator for a sun news network and invited professor at the university of ottawa in london we have me he is an international oil economist and technical expert with the united nations industrial development organisation and in irvine we go to our bankers our day he is a professor of engineering at the university of california irvine all right gentlemen this is crosstalk that means you can jump in anytime you want and i very much encourage it but first ok let's go to john robson in in london the you pushing forward july first will cut off all oil exports into the european union from iran and it is calling the strategy to avoid chaos in the middle east isn't it just actually the reverse this will create even more chaos in the middle east this is counterproductive and actually it really actually provoke iran into taking some kind of offensive move but it hasn't to that to date. well the thing is iran is already taking as many offensive moves as it can possibly manage the fear of provoking aggressive regimes is one that's paralyzed the west throughout the tw

new research from the university of ottawa finds intriguing links between inter-generational inequality and income inequality at a point in time. countries that have a high degree of inequality also tend to have less economic mobility across generations. we have extended his work using after tax and income inequality data. i can assure you this in the next figure. this figure shows a scatter diagram. it is the relationship between income mobility across generation, that is on the vertical access. -- vertical axis. thatality in the 1980's, is on the horizontal axis. each point here represents a country. higher values along the horizontal axis represent greater inequality in family resources, roughly around the time that the children represented in the vertical axis were growing up. higher values on the vertical axis indicate less economic mobility across generations. i have called this curve "the great gatsby curve." this indicates that countries that have more inequality across households also had more persistence in income from one generation to the next. but documented at the beginnin

new research from the university of ottawa finds intriguing links between inter-generational inequalitynd income inequality at a point in time. countries that have a high degree of inequality also tend to have less economic mobility across generations. we have extended his work using after-tax and income inequality data. i can show you this in the next figure. this figure shows a scatter diagram. it is the relationship between income mobility across generation, that is on the vertical axis. inequality in the 1980's, that is on the horizontal axis. each point here represents a country. higher values along the horizontal axis represent greater inequality in family resources, roughly around the time that the children represented in the vertical axis were growing up. higher values on the vertical axis indicate less economic mobility across generations. i have called this curve "the great gatsby curve." this indicates that countries that have more inequality across households also had more persistence in income from one generation to the next. i documented at the beginning of my talk that th

university of michigan. then he will fly to cambridge, maryland, to speak at the democratic caucus issues conference. >> a new york attorney has withdrawn his mysterious claim on. a $16 million on. " that's the word from ottawa to claim the prize less than two hours before expired, but he could not explain the mysterious circumstances under which he obtained the ticket. he said he was claiming the prize on behalf of a company called hexam. >> it would be interesting to know if that investment company even existed at the time when a lottery to it was purchased. >> the winning ticket was purchased at an iowa gas station in december 2010. they had given him until today to explain how he obtained the ticket. they wanted to make sure it was not stolen and that a valid player bought the ticket. >> that is weird. >> restraints. a mystery. time is running out for you to enter this week's facebook giveaway. >> we are giving you the chance to win an ipad 2. all you have to do is go to wjla.com/facebook to sign up and we will announce the winner tonight on abc 7 news at 5:00. good luck. >> top business schools looking for more. military more correct and trouble for hostess brans, involving its union members. linda bell

of the failure. so when i leave washington, when i come to ottawa, when i go to university campuses and talk to -- when i come to iowa, when i go to university campuses and talk to people at town hall meetings, it has been different because we are in the middle of the day. we have gotten a lot of people in retirement age. they are very open to what i am talking about. it is sort of the conditions of the country, where we are on the business cycle, the need for change and the openness that people have no four different viewpoints -- with foreign policy, with our civil liberties, as well as our economic problems, and the unemployment. in that sense, i am very encouraged. of course, it reflects in our campaign. it is easier to raise money. it is easier to get supporters. we have better organization than we have had before. we are getting a lot of attention. and the volunteers are there. in our organization, what we have done is something that i do not watch day-to-day. my job is to keep doing what i have been doing, i get people a little incentive and explanation of what our goals are. for that reason, i