the world bank can pick the ones that have worked best.nd i'm really hoping that what will come out of it will be a dialogue. developing countries learn from us, we learn from them, and we're able to put the best of those things in place just as they're ramping up their energy use so they're much cleaner at the start than we were. >> speaking of dialogues and implications beyond california i have to ask you about proposition 23. this is the ballot measure that would seek to suspend the state's landmark climate legislation for, you know, what is really an indefinite period. where do you come down on it? >> i'm really disappointed that it's come to having a ballot measure on this. and there's a couple of reasons. one is that the letter of prop 23 says that until the unemployment rate comes back down to 5 1/2% for four consecutive quarters the greenhouse gas law would be suspended. well, i hate to break it to the authors of prop 23, but the high current unemployment rate has nothing to do with our greenhouse gas law and in fact the clean tech

world bank i.m.f. and u.s. treasury are all on the same path right now that's tremendous new news that we really do have a consensus about economic policies as far as the u.s. goes yes i think there is a. disappointment in latin america with the u.s. there is a lowered expectation from the us latin america has become more assertive it's the versified it's international policies countries like china and india are gaining a real share of of the market they're becoming. part of the the region in and i think the countries of the region are taking many more decisions into their own he n yes i think the united states is backing away somewhat i think also though with a condom ia fifteen trillion dollars which is four times the economy of all of latin america put together u.s. markets u.s. investment u.s. technology remittances are still tremendously in poor. certainly for. mexico and central america and the caribbean and if you look at the commies of south america less important but nonetheless very very critical so y

and world bank meetings but many are talking about a break up the world is from the united states as the consumer of last resort in the financial world that's not called divorce but decoupling and everyone from a flurry of wall street analysts to nobel prize winning economist joseph stiglitz are using the word now to describe this shift in power the baton is passed from countries like the united states on to countries like china brazil russia. india and beyond and you know growth in the global call be much more dependent upon those countries than on the developed economies it explains how while the u.s. economy continues to look more bleak with analysts such as goldman sachs forecasting fairly to very bad scenarios of meager one to two percent growth or an all out double dip recession i would almost consider a double double bass the so-called bric countries are still on the ascent brazil's economy is estimated to grow seven point five percent this year with optimism to spare this mission was that it may be. we will be more than seven point five percent. and rounding out the r i c and

. >> ifill: and jeffrey brown talks to former world bank president james wolfensohn about his memoir, "a global life." >> we will not have a stable world unless our children and their children really think globally and think in terms of a balanced life. >> lehrer: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: >> i do a lot of different kinds of exercise, but, basically, i'm a runner. last year, i had a bum knee that needed surgery, but it got complicated because i had an old injury. so i wanted a doctor who had done this before. and united healthcare's database helped me find a surgeon. you know, you can't have great legs if you don't have good knees. >> we're 78,000 people looking out for 70 million americans. that's health in numbers. united healthcare. >> we need renewable energy. >> it's vital to our planet. >> you hear aboutality tern tiffs, right? wind, solar. >> i think it will work on a big scale. i think it will be affordable. >> so where are they? >> it has to work in the real world. at chevron we're investing millions in so

world bank this weekend governments from the u.k. to the u.s. and japan have been cutting interest rates so low they will see what the traders think. world wide news live from moscow this is. the president. has offered reassurances that the country is ready to hold paula mentary elections this sunday just a few weeks ago. suggest. the vote could be perspire own diff there was evidence of illegal activity or extremism during the campaign that you go to it's going off reports on the changes voting could bring to the republic. burns down shops and houses abandoned cafes and broken windows political billboards alongside piles of debris on the streets as kyrgyzstan gets ready to vote for a new parliament here in or should the country's second largest city the need for change is obvious. we need a decent government able to restore peace and stability that all stopped people from leaving economy stability and the economy to start working that's what we need . eighty two polling stations have been set of across the city the election is to be observed by

the annual fall meeting for the world bank and international monetary fund means some road closings aroundhe most headquarters. at 7 p.m., 18th, 19th and 20th streets will be closed between g street and pennsylvania avenue and some closings also on g and h streets. >>> two of the closest metro station toll the world bank will be closed during the meeting. the farragut west and mcpherson square stations will close for track work on the an won't be blue or orange line service at metro a center either. the work is scheduled to run until the system reopens on tuesday morning. >>> get ready for a new traffic pattern in rosslyn this weekend. expansion of the rosslyn metro means north moore street will be one way heading south. that's toward wilson boulevard. the change takes place between wilson and 19th street. >>> in case that's not enough for you, here's one more. this year's susan g. komen three day for the cure kicks off this morning at national park. walkers will head northwest of there so you can expect street closures as they make their way to bethesda. participants will head togethersbu

and world bank are very much creatures of their time every since i am a a.g.m. fell into for us as u.s. and chinese delegations accuse each other of currency manipulation the praga has prompted many to question the institutions that lead to t. and purpose. russians believe it was the i.m.f. so aggressive stance that contributed to the current sit default crisis of all those nineteen ninety eight critics also note how the merging group of twenty is assuming more importance than the i.m.f. reflecting the reality of a new multiple of world back to peter. ok jeffrey right before the break you want to jump in there go right ahead. yeah i want to just sort of clarify something we've heard that the i.m.f. is unpopular in russia that it's unpopular in asia which is true and it's sort of been its job to be unpopular since the very beginning but what i want to make very clear is that the reason it's unpopular in these countries is because it's demanded austerity and people think maybe too much austerity too much cutting of the jets and i want to make very explicit that my

the world bank president spoke for about 25 minutes. >> good morning, ladies and gentlemen. welcome, and thank you for joining us this morning for this news conference with the world bank president. he will begin with some opening remarks and then will be glad to take your questions. >> they do very much. i'd like to welcome all of you to this opening press conference for our annual meetings. we have reorganized these meetings so they will be shorter and more businesslike. the official part will now only be about 2.5 hours long, compared to a previous day and a half, something that dominique and i talked about we first came to the bank and the fund. i hope this will be of greater focus for our governors. these meetings are important opportunities for me but also for the bank's staff to be able to listen and to learn about priorities of our 187 member countries. i suspect we will be focusing on several areas where we have had discussions assessing the crisis two years on, how the world bank board responded, what more developing countries need, including -- we will try to do s

currency issues will be high on the agenda at the annual meeting of the imf and the world bank in washington this weekend. >> earlier, we spoke with our correspondent in washington. with the warning that currencies could be used as a policy weapon, i asked what was the actual worry. >> they are worried that what is already called a currency war could hurt the global economy because all of the economic interests -- tools that you use to keep your currency down such as protective tariffs, all this might be good in the short term but aid usually hurts the global economy in the long term. this means that it will also hurt the national economy and a long term. >> a lot of europeans are accusing the u.s. of keeping the dollar low so that they can sell more exports. there is an initiative to be balanced the currency, who will launch that initiative? -- there is and initiatives to balance the currency. >> midterm elections are just around the corner and people want to see results. everyone is looking for a solution to kickstart the american economy. they are not looking at the long-term picture. the

most radical extremist view of any group in the world these neo liberals in washington and on wall street are the most radical extremist suicide banking group in the world causing much more damage than ten thousand elka it is well of course those neo liberal. economic introduced into america was called by george bush sr voodoo economics and we do and which is are often scary they come out of hollowing which is this coming up greenspan says us creating scary deficit as borrowing rises there's a warlock for you. right rock to crawl out from under greenspan i mean seriously here's a guy who threw the entire u.s. economy under the bus so they could win you know a knighthood from the queen of england i mean if that's not cerny for american i don't know what is and now he's saying you know what actually i did cause this catastrophe and i want to buy more of my books well it is quo is we're involved in a dangerous game where increasing the debt held by the public at a pace that is closing the gap between our debt and any measures of borrowing capacity will stop borrowing just like he acts like it's the public doing it's these bankers his cro

police prepare for the meetings of the world bank and international monetary fund and hundreds are expected to demonstrate starting tonight at 7:00. avoid 18th and 19th and 20th streets from g to p. -- pennsylvania and others. >> we are now just a few minutes from learning who will win this year's nobel peace prize. the favorite is a chinese dissident. he is now serving an 11-year prison sentence for sub versive. two women are favored. they are afghan women rights women's and a russian human rights activist as well. it is 4:35, 54 degrees. >> still ahead. taking a comedian call to act seriously. what people are saying about jon stewart's rally to restore sani sanity. a battle ground maryland rally looked more like an emergency situation. >> a picture perfect weekend forecast. >> a picture perfect weekend forecast. adam has a sneak peek next. more bold flavor!onds! more variety! more value! more of what you want... not what you don't. blue diamond almonds. (play-by-play announcer) it's up and it is... good! more than a snack. >> time for traffic and weather. >> we are looking ahead to the we

their first stop today was the white house and plan to visit congress, world bank and some top universities. southwest airlines provided free tickets. >>> tonight for the first time a sitting president will appear on john stuart's comedy central show. this is the motorcade about to leave the studio. he says the appearance is an attempt to reach out to young voters. he defended his record as jon stewart asked them questions about his campaign. >>> up next, legendary athletes are cheating on children who are fighting cancer -- are cheering children who are fighting cancer. >> if there is no tv nearby, watch bay area news at 7:00 on your computer. we are streaming live on the web at ktvu.com. >> high winds, rain, and snow continued to pound the midwest, southeast and eastern seaboard. the worst is stretching from georgia to maryland yesterday these massive storms produced tornadoes. here in the bay area we are seeing rain as well and here's meteorologist mark tamayo to help us out of. >> the rain has increased somewhat over the past few hours. talking about some heavy rain over the next two da

police are preparing for the meetings of the world bank and imf. hundreds of protesters are expected to demonstrate started to read it 7:00. you want to avoid 80, 19, and 20th street from g to pennsylvania avenue. stay away from g and h street. those roads should open by 5:00 on sunday. it will be a good weekend to be out and about for everyone. get ready for a nice warmup. doug hill is here with our >>> forecast> you have tost go along way to find any clouds this weekend. let's go to the rooftop camera. absolutely beautiful with a live look across the river into the city. temperatures are fairly comfortable in the low 70's and we will go to the upper 70's later today. for today, lots of sunshine and pleasant conditions with ties between 74 and 80 degrees. more on the forecast and i ♪ a few minutes. >>> thousands of people are walking the streets of dc to help find a cure for breast cancer. is the biggest press cancer event in history. early this morning walkers left national stadium for the susan g. komen three-day walk for the cure. they will wal