and it is wto legal. in fact t was the chinese themselves and their wto a session document that embraced section 421. and made it part of our overall trading relationship. so when there was a surge in tires what happens. the united states responded. and so understanding that there were obligations made and that we do have some tools that we can use in making sure that they follow through, in terms of respecting those obligations is probably job number one. two, would be to recognize the macroeconomic environment and that is that they have a terribly out of kilter currency. that by many estimations, not least of all the imf believes that it needs to appreciate a good 15 to 20%. and with that, you will have more in the way of export opportunities. >> rose: what do the chinese say to that. >> i think they recognize this point. if you look back, i mean let history be your guide. look at what they did between 2004 and 2007 when they basically appreciated it at 21%. slow, gradual and incremental. but nonetheles

i assume we cannot go on going through wto legal cases in setting policy. if it is on our side, it is great. but it does -- but we need to take a comprehensive look at what is possible and what is not. >> market share is different by size of airplane, large commercial aircraft. we have higher market share in the larger planes. they have a slightly higher market share in the smaller planes. what will happen both with regard to now and down the road, it will be a government-to- government solution. for the launch a portion of the judgment, there is some prescription in the wto rules, some remedies. but the government will decide, will negotiate and decide. given a strong hand, we hope they will force action. some of these practices will be stopped and remedies will be applied. but that is for our government to do. one of the things i felt was important was exactly your point. there will be chance over the next 20 years -- there will be new entrance of the next 20 years for different sized airplanes. without this issue having been brought in front of the globa

a report by the wto was released on monday supporting the u.s. decision in september 2009 to impose extra duties on chinese tires to protect its domestic industry. china took the issue to the dispute panel saying the tariffs are in violation of wto rules. a senior official of the chinese ministry of commerce released a statement tuesday expressing china's disappointment for the decision. chinese foreign ministry spokesperson jiang yu says disputes should be solved through talks. jiang's remark apparently suggests china does not want to deepen the bilateral rift ahead of president hu jintao's visit earlier next year. >>> nissan and mitsubishi are considering joining hands to create more opportunities in the electric car market. a day after announcing their joint venture to develop mini cars. sources close to the two automakers say making core parts for electric vehicles is a possible area for joint development. production costs could be lowered by sharing motors and motor control units although both firms are set on producing their own high-perfor

i assume we cannot go on going through wto legal cases in setting policy. if it is on our side, it is great. but it does -- but we need to take a comprehensive look at what is possible and what is not. >> market share is different by size of airplane, large commercial aircraft. we have higher market share in the larger planes. they have a slightly higher market share in the smaller planes. what will happen both with regard to now and down the road, it will be a government-to- government solution. for the launch a portion of the judgment, there is some prescription in the wto rules, some remedies. but the government will decide, will negotiate and decide. given a strong hand, we hope they will force action. some of these practices will be stopped and remedies will be applied. but that is for our government to do. one of the things i felt was important was exactly your point. there will be chance over the next 20 years -- there will be new entrance of the next 20 years for different sized airplanes. without this issue having been brought in front of the globa

the wto's dispute settlement panel said in a report on monday that the u.s. action does not violate the trade watchdog's rules. chinhad fed a cplaint in september 2009 that came after the united states decided to charge additional duties on fast-growing imports of chinese tires in response to labor union requests. u.s. trade representative ron kirk welcomed the ruling saying it is a major victory for the united states and particularly for american workers and businesses. he added the obama administration will continue to make efforts to protect their interests. >>> china is expected to consider whether to appeal the wto's decision. >>> japanese automaker daihatsu has revealed a minivehicle with the highest rating of all cars. the move can run 27 kilometers per liter, that's 20% better in fuel efficiency than the previous model. the new model has 15% fewer components which makes the body 30 kilograms lighter and cuts gasoline consumes by automatically shutting off the engine when stopped at traffic lights. the company's president says his company plans to rele

i believe russia belongs in the wto. the russian president is moving russia forward on a host of issues. i told him the united states would be a partner with him in that effort. welcoming russia into the wto would be good for them, good for us, and good for the global economy. finally, we have been working to reform our export we troll -- export control system so that american firms that make products with national security implications can stay competitive as we protect our national security interests. when this council met in september, some of you asked if we would make it easier for businesses to participate in these reform efforts. today i am pleased to announce we are publishing a set of guidelines for what products should be controlled going forward and the licensing policy that would apply to them. we have applied those policies to one category's products. in that category, about 3/4 products will be shifted to a more flexible list. many are expected to fall off of the list altogether. we want input from business

white house officials have been saying that this could complicate the bid of russia to join the wto. it will stop it, but it will complicate it. >> they want to have some sort of message, but they don't want to upset them? >> is clear that washington is very keen to make sure that whatever it says about the verdict, they don't want to undermine the progress that has been made in the past couple of years under the obama administration in the relationship between the united states and russia. the ties between moscow and washington are essential and they want to make sure the relationship is improved. it is one of the key foreign policy achievements, and they don't want to undo that because moscow is a partner when it comes to dealing with iran's nuclear program. >> iraqi police say that two people have been johann in attacks in baghdad. dozens more were issued -- ingured. the baghdad correspondent says that these attacks are meant to drive kristian out of the country. -- christians out of the country. >> they were killed by police, mostly in the muslim areas. christians being targeted

the wto dispute settlement said in a report on mondays that the u.s.ction does not violate the trade watchdog rules. china filed a complaint in september 2009. that came after the united states decided to charge additional duties on fast-growing imports of chinese tires in response to labor union requests. u.s. you trade representative ron kirk weekend the ruling, saying it is a major victory for the united states, in particularly american workers and businesses. he added the obama administration will continue to make efforts to protect their interests. >>> japanese automak mamaker da released its latest car. the moon has 20% better fuel efficiency than the previous model. it has 15% fewer components, which makes the body 30 kilograms lighter. the new move also cuts gasoline consumption by automatically shutting off the engage when stopped at traffic lights. the president told a news conference his company plans to release a new mini vehicle next year. >>> now that times are tough and spending is down, bartering is becoming a popular way to shop. almos

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and wto. i want to see the doha round concluded next year. it needs to benefit manufacturers the ag industry and service providers. i am encouraged by recent elements in the g-20 and apec meetings. i hope we can translate this into political momentum that the wto and reach substantive agreements. i will continue to work with congress for a strong doaha round. we continue to work with the administration in this area. bottom line, as you know, we have to see more from emerging and developing countries like brazil, india, and china. on a customs issues. we need to continue to find ways to ease the flow of legitimate trade across our border security u.s. customs and border protection as -- u.s. customs and border protection products vital functions. my belief is that cpp's trade mission has suffered over time. the committee has shown leadership recently. the ways and means committee continues to consult with cbp in the private sector, and we are working on ways to reinforce and build on them and are our partners and customers of reauthorization l

. >> russia's entry into the wto will become a reality. this is a breakthrough after decades of negotiations. >> europeans appeared equally enthusiastic. >> this is a paramount step forward and a step that the world it is closely watching. we in now wish for a push in other parts of our bilateral agenda. >> russia would like to do away for visas for travel to the eu. the e would like to leave currency restrictions in place. -- the eu would like to leave currency restrictions in place. >> the dax made a steady recovery since the march of 2009. the euro stoxx has failed to perform as well. there is higher consumer spending in germany and hopes that they might be getting to grips with the debt crisis. >> there were other factors moving the markets on tuesday. >> capital gains in the u.s. would continue to be taxed with 15%. this caused demand for stocks here in frankfurt. the economic data fueled the demand for stocks. the factory orders of the german manufacturing sector increased by nearly 20%. also, the german services sector reported stro

regulations, practical assistance of the part of the european union as far as russia exception to the wto. and solicitation of the recent rich beem with complete elimination in the short term. next week caviling gauge our partners in brussels at the european union -- we must take advantage of russian participation in the forum extending relationships with countries in that region requiring a strategic -- that is something the example of a relationship with china and high levels of cooperation, to our partnership in the nationally and helping him increase the influence of such entities -- serious reserve is available in terms of long-term cooperation with african nations and special priority is of course an important policy the euro sector that operates in it. already set up a customs union and creating single economic space in the euro sector framework. we are trying out new integration schemes and should work towards building a single economic space from the arctic to the specific that will take up the entire territory. as it relies on unique experience, technical, russia can become the

norms and regulations, practical assistance of the european union as far as russia's exception to the wtocond is a simplification of the visa regime with its complete elimination in the short term and third, considerable expansion of professional and academic changes. it is in this regard next week i will engage our partners in brussels that of russia european union. extremely relevant is the task of the regional integration and economic space of the asia-pacific. active use not being made of the potential participation in the forum and other forms which takes place expanding the relationships between the countries in the region requiring the strategic character and that is something that is borne out by the example of the relationship with china and unprecedented level of cooperation projects partnership internationally and in turn is also helping increase the prestige and influence of such entities. serious reserve is available in terms of developing a long-term mutual beneficial cooperation with latin american and african nations of special priority importance with what his course and

norms and regulations, practical assistance of the european union as far as russia's exception to the wtocond is a simplification of the visa regime with its complete elimination in the short term and third, considerable expansion of professional and academic changes. it is in this regard next week i will engage our partners in brussels that of russia european union. extremely relevant is the task of the regional integration and economic space of the asia-pacific. active use not being made of the potential participation in the forum and other forms which takes place expanding the relationships between the countries in the region requiring the strategic character and that is something that is borne out by the example of the relationship with china and unprecedented level of cooperation projects partnership internationally and in turn is also helping increase the prestige and influence of such entities. serious reserve is available in terms of developing a long-term mutual beneficial cooperation with latin american and african nations of special priority importance with what his course and

debate, it offers a chance to have this debate at this russian accessioa to the wto.some may want to avoid it, but we cannot. they believe we need a greater with them as pessimism where some of them were demonization.a i'm an optimist, even aboutfor russia. and i often find sources for hope in the most hopeless of places. mikhail kataraski is in prisonf for seven years. on december 27, you likely be to jue in endure many more. and a final appeal to a judge in his case, mr. kataraski gave ong of the more moving speeches i'v. heard in a long time and i bestd could be included in the record, mr. president. this is how -- this is how mr. kataraski saw the broader implications of this trial. and i quote, i will not be exaggerating if i say that millions of eyes throughout all of russia and through the whole world are watching for the outcome of this trial. they are watching with the hopeo that russia will after a become a country of freedom and of the law. for supporting oppositioneing a parties will cease being a cause for reprisals. with the special services willat prote

norms and regulations, practical assistance of the european union as far as russia's exception to the wto. second is a simplification of the visa regime with its complete elimination in the short term and third, considerable expansion of professional and academic changes. it is in this regard next week i will engage our partners in brussels that of russia european union. extremely relevant is the task of the regional integration and economic space of the asia-pacific. active use not being made of the potential participation in the forum and other forms which takes place expanding the relationships between the countries in the region requiring the strategic character and that is something that is borne out by the example of the relationship with china and unprecedented level of cooperation projects partnership internationally and in turn is also helping increase the prestige and influence of such entities. serious reserve is available in terms of developing a long-term mutual beneficial cooperation with latin american and african nations of special priority importance with what his course

norms and regulations, practical assistance of the european union as far as russia's exception to the wto. second is a simplification of the visa regime with its complete elimination in the short term and third, considerable expansion of professional and academic changes. it is in this regard next week i will engage our partners in brussels that of russia european union. extremely relevant is the task of the regionalintegration ad economic space of the asia-pacific. active use not being made of the potential particpation in the forum and other forms which takes place expanding the relationships between the countries in the region requiring the strategic character and that is something that is borne out by the example of the relationship with china and unprecedented level of cooperation projects partnership internationally and in turn is also helping increase the prestige and influence of such entities. serious reserve is available in terms of developing a long-term mutual beneficial cooperation with latin american and african nations of special priority importance with what his course and

ron santo live out his love for the cubs as commentator in the booth, providing color commentary on wto. rick reilly described ron's commentary this way, he said ron santo loves those cubs like the pooh bear loves honey. he cheers to much it sounds like his play-by-play partner is from murphy's bar. ron santo's seventh inning stretch of "take me out to the ballgame" carried on, would make anyone smile maybe even a white sox fan. i might add one other thing they used to joke about. i was fortunate to be invited to go up to the broadcast booth at wrigley field. what a treat for a baseball fan. to be up there with ron santo and pat hughes and to do an inning, if there is any psychic reward with this job, it's that. i would study up on all the stats and all the ball players' names and think what was coming and be all loaded up and here's ron santo, at this point it's instinctive and he's getting ready for the next commercial and all these things are going on and they're kidding himg constantly. there was one ongoing joke that i never knew the origin of and it wasn't until they started writi