to richardbe talking branson, who has virgin galactic going on.r taking passengers into the base for the very first time, everyday people like me and corey. what are the some of the challenges of commercial space travel and doing it on a broader basis? i have actually been talking to sir richard branson about that. he is a really brave man to do it. it is a technically difficult thing to try to make it safe enough that you can take paying passengers up and touch that first taste of the bottom edges of space and feel weightlessness. some of the challenges i guessing on the commercial market. does he have a viable business model? did they miss anything in all of their testing? he is doing everything that needs to be done to privatize space flight and eventually we will get there. he is a brave man and putting a lot of his own wealth and name into trying to make it happen. i am pleased they think they are within a year of spaceflight and i with some success. it is where we have to go, from government to eventual privatization. it is what we have alwa

the virgin galactic folks are very excited about that.ing to happen this year. >> branson is nothing if not ambitious, certainly optimistic. does he see himself competing with the likes of jeff asus and elon musk -- jeff bezos and elon musk? at some point, won't they be colliding with each other? >> he doesn't talk about it like that. he talks about it like everyone working together. this is a business for him. this is a businessman. we were there talking about the war on drugs. he is the commissioner for the global commission on drug policy , talking about the war on drugs, which he claims has failed. he says if that was a business, he would have shut it down after a year. at heart, he is a businessman. in terms of the hold up and why it has taken so long to get to this point, they still don't have the license they need to take passengers into space. they have an experimental but they don't have the commercial license they need . they are continuing to work on that. they are moving operations to their base in the mojave desert. tooat som

. >> richard branson has his whole virgin galactic thing going on to, this year, take passengers intohe very first time. everyday people, like me and cory. travel -- what about doing it on a broader basis? >> i have actually been talking to sir richard branson about that some. he is a really brave man to do it. it is a technically difficult thing to do, to try to make it safe enough that you can take paying passengers up, and to go up and that that first taste of -- to go up and get that first taste of the bottom edges of space, hoping it is going to work, hoping they have got all of the problems worked out. he has got a privatized spaceflight that will eventually get there, but he is a brave man, and he is putting a lot of his own wealth and name into it. i wish them all of the success in the world. from government investment to eventual private investment, that is what we have always done, and i hope he is successful with it. >> we know you have got some musical background. you have got a guitar with you right now? >> i do. it is a lovely new guitar. sure. >> play something for us.

also making waves is virgin galactic. with founder and chairman sir richard branson at a screening of "breaking the taboo." i asked him how tech is helping to take drugs off the street. >> things like social media play an important role. we have tweeted articles about the war on drugs and debated it with thousands of people around the world. i think people have been educated through that. we've done big google plus debates on the war on drugs. should drugs be treated as a health problem or a criminal problem? people say it should be a health problem. social media can play a very important role. >> your son's film was released online on youtube. it has it might have if it were released in theaters? has it gone further? >> by making it free on youtube, up one million people have seen it. documentaries only are seen by 50,000 people. social media has played a very important role. >> some people argue that technology has made the drug problem worse. they can use social networks to sell drugs or find people that want to buy th

charles: this is the galactic virgin, virgin galactic. >> richard branson's grandchild's based on thef the x prius, space ship 1 is in the smithsonian. it is the first credible, ready to go to space. charles: is it really space. the russians were selling $25 million. they technically step for a moment and come down? >> that is a really good point people need to understand. there is actual orbital space, you are talking about going to the space station which the russians are doing. it is 40 or $50 million. this is suborbital which means you go up into space suborbital and come back down. charles: like the movie gravity you get the feel and start to flow and all that stuff. >> i have done the zero gee plain where you do twenty-second of weightlessness and i can't tell you what it feels like. it is amazing. the profile of the program is we pick up from the, it is the two our flight, a four day experience because you go and have training and all that. this is an amazing ride. charles: people watching this show can join you or get involved because you guys can book is on your site. >> we a

the game plan is that virgin galactic will take people into orbit for a tourist trip.s from london to sydney. >> extraordinary. how much does a million pounds get me in monaco? >> a nice bathroom. >> it's a start, isn't it? >> liam, thanks very much indeed. thanks for coming in. >>> over the past two decades more than 25,000 people have risk pretty much everything to es keep the brutal regime in north korea. once in south korea they were guaranteed zts citizenship. a twist here, some of these new arrivals are going back home again. lucy williamson explains why. >> reporter: today's lessons at the heavenly dream boarding school in seoul, trust, self sufficiency and korean literature. the children here are all north korean defectors learning to speak the cultural language of the south. fitting in to south korea's highly competitive society is a struggle for many of them. with high unemployment and no direct contact with their families back home. mr. son like all defectors received government support on arrival including this flat, but debt problems meant he lost his frid

. >> i have to ask about virgin galactic. what is the latest timeline? >> this will be the year.rrified of giving specific months. things can get delayed. i would be disappointed if we are not up in space in a not too many months from now. markw about this question between you and elon musk and the jeff bezos, what is your future of space? what does it look like question mark >> it is tremendously exciting. as many people as possible become astronauts and have the chance to marvel back at our earth. one country to another and a fraction of the time that it takes. we went to have hotels in space. to do wonderful things. we went to create satellites that can transform things for the better back here on earth. >> what are the last steps to get to that? >> we are putting the spaceship and rockets altogether now. they have all been tested. there will be a couple of more test flights and we will be up and away. >> my interview with sir richard branson of the virgin group. it is a multibillion dollar media business. how did they do it? we will speak with the cofounder next. ♪ >> will co

> branson plans to launch the first commercial flight into space next year on his space line, virgin galacticple have already paid a $100,000 deposit. >> decades from now, we may get you to australia quicker than it may take you to get through airports. >> he is focused on his legacy. >> 90% of my time is spent on building up not for profit ventures. >> 90%? >> yes. i have people to run the virgin groups. i am trying to use my entrepreneurial skills to tackle diseases in africa and global warming. if you are fortunate to be successful in life, it is very important to give back. >> i want to know what other advice does richard give young c.e.o.'s stuck in the board room? >> the first thing i would do as a c.e.o. is find my replacement so i can think about the bigger picture. >> some would be threatened by that. >> yes, but that is a really big mistake. look for the best people. you'll get the best out of them. >> now in his 60's, will richard branson ever slow down? >> i will never retire. i have been creating things since i was 15 years old and i will always create things. but i have never se

thoughts oned his virgin galactic. >> we want to enable you and me in as many people as possible to the astronauts, to have a -- to to marvel back it be able to go from one country to another at a fraction of the time. we can't create massive arrays of satellites that can transform things. >> welcome back. >> from the hague to brussels with a morning stop in the fields of flanders. president obama continues the european tour. our international correspondent joins us from brussels. what is next for obama? the takeaway was no new sanctions. unless there is a further incursion. you did have some fresh rhetoric. but great britain was acting out of weakness, not strength. they're preparing the of sanctions a fresh enter into more ukrainian territory. >> it has also been the european councils suggestion that should , sectoralfurther sanctions should be appropriate. it would be like energy or finance or arms sales. or trade that exists between europe and the united states and russia. >> it was not lost on any european leaders at the g-seven. economic sanctions could mean economic pain in home.

tyler uighur boss, happy to 2winklevoss and i have used bit boring -- bitcoins to become virgin galacticber 700 and 701. they are two technologies that meaningfully represent our focus . the statement goes on and on. i think it is an incredibly lengthy statement, but it's such a cool thing because you've got , right? you've got richard branson, whose awesome. and you got the point. was ayou've got it going >> is this an attempt to unvarnished -- unvarnished mt. gox?rom all of the >> no. maybe it is to improve their name. >> what a bad name. >> think about how many times we are going to talk about it related to richard branson. >> well, you brought it up. >> is it a pr stunt at the end of the day? >> no, i'm sure they want to go to space. do you not want to go to space? i want to. if you did want to go to space and you were superrich, it would be pretty awesome. >> i would rather spend my money on a ferrari or something. >> i would do both if i had that much money and they do. how long will they have to wait if they are 700? because nobody has gone yet, right? >> no, not yet, but assuming

getting virgin galactic back in the space. they own a lot of bitcoin at a cheap price.tment? >> a month ago they said we expect bitcoin to go to $40,000. okay? if they really believe that why wouldn't they pay for this in cash or in some other holding? isn't this kind of like paying for your groceries and reipo google stock? >> this is like when executives sell a little bit of stock nor lifestyle needs. the winklevoss need to go to space, they have a lot of bitcoin. they still have a lot of bitcoin. >> wanted to send the winklevosses to space. if can you think it's going to be worth that much why pay in bitcoin? >> it puts it back in the news in a very positive way. they talk -- it's a very long blog post talking about vasco degamma and the history of exploration. >> if they're selling it for this -- >> jon, you've got to sell your asset sometimes to buy things you want. >> i don't know. >> we'll see. they have an entire fund to spend. we'll say if they use it for if they sit on to it go to 40,000. >>> quick market alert for you guys. the s&p 500 hitting a new record in

commercialization of space travel would think of them consider, like the upcoming touting of virgin galacticuld they do that themselves? >> you know, we should get a thai in here and have one of these companies spend one of these astro wives into space you know? [laughter] i did ask many of them what they thought about going into space. back in the '60s i spent lots of time with "life" magazine, of course, and you have articles about we're going to be putting up a hilton up there. a couple of the astronauts had the this crack pot scheme that they would open a chain of a and w root beer stands on the moon when we eventually colonize. so yes, some of of the wives, some like a former tough marine woman named lo cunningham, now lo walker,. >> i said, yeah, i would have gone up there in a heartbeat. trudy cooper who ended up flying in the powder puff derby, she would have been up there in a minute. but some of the wives were like oh are you kidding? i want to stay down here with my feet on the ground. no zero g for me. and, of course, thaw all hope we will -- they all hope we will continue to exp