russia's that it would not a legally apply wto rules with its dealings with america. >> some good news for france. ratings agencies have been on a downgrade spree, but fitch says france will keep its aaa status for the time being, but they did downgrade the outlook from stable to negative. the agencies as france remains a wealthy endeavors side economy and it has taken measures to improve its finances. there has been speculation that france was about to lose its top rating, which would jack up the level of the eurozone's debt crisis. figures unveiled in ireland show the country's economy is in worse shape than feared. the central statistics office says the economy shrank by 1.9% in the third quarter, a much bigger drop than forecast. it is the worst quarterly results in the eurozone. ireland is midway through a seven-year deficit-fighting program that has continued to fight economic growth to meet its targets. economists say ireland is unlikely to meet the government's modest target of 1% gdp growth for the year. the italian prime minister, mario monti, has won about of confidence in p

so very shortly they will be voted into the wto. why does this matter to us? because now we have tools through the wto to deal with some of the economic challenges than distortion coming from the russian economy. take china. obviously we are well aware of the enormous indebtedness in the country which is a different subject and to in part innovate our way forward. but china is now going to have to come to grips with being a responsible stakeholder in the economy as well as in the traditional areas of diplomacy. so we are engaged in conversations all the time certainly secretary geithner, the new commerce secretary bryson, all of us are talking about the economy because it is one thing to be a developing country and get cut some slack. it's growing at 10% annual gdp growth and you have enormous influence on what's happening we need for rules in the road so that is a traditional area for economic statecraft. or take the iran. we are using economic sanctions to try to influence their behavior. i just came from a conference about south sudan a country the was lite

the hearings in kansas and got to know bertie and wrote about the twins for "the chicago tribunes "wtoabout the things that bertie had done in the past i saw how incredibly personable she could be. she smiled and she talked and she joked with the judge and joked with the attorneys and she was comfortable in any situation and any conversation and she was incredibly quick on her feet. >> he believes the twins are rather calculating and know exactly what they're doing. >> one anecdote that gave me insight into them, when i was in the courtroom before the attorneys arrived and the judge arrived, at one point the sisters were sitting in the courtroom with just them and the people from the church where the safe had been stolen and becky and bertie joe started small talk telling them about bertie joe's son and the church members were trying to be nice and looked at them, smiled and asked questions and you could tell they were very hurt. at one point one of the assistant pastors asked bertie joe, so where exactly are you living now and all of that humor and all of that glee immediately erased

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. >> and i felt the most important inog to d wto nail him down as quickly as possible. get that face. so he started taking pictures of me. rose: i can imagine. >> and i wt to cli so i had a motor on my camera and we sounded like two insects getting into each other and he thought this was amusing and he giggled. >> rose: the next someone cartier, a closeup. >> i just moved into the left just to nailowais thiow monumealof h td ead his. of course he keptis hand up there because... at least he eapt part of his face hidden. >> rose: do you think he understood what a great photograph would be so theresore a posetrying togive you that he thought would be good? >> no, i think it's like being in a dentist chair. you say "i've it's going to be over in a second." >> rose: who is this? >> it's hen l'artig. a terrific couple. >> his third wife. they'd been married 35 years when this photograph was taken. >> rose: so taking photographers, is it different in any way than simply taking portraits of interesting people? >> they're more innocent, i think. >> rose: really. >> well, say, th

for an open trading session as much as they can to benefit from the open trading session and from the wto membership more than any other developing country, who question that. there will be trade friction specifically with the u.s. but on balance i would expect china -- >> you want to take a stab at the second question, the reforms that are needed long-term -- reforms needed to reflect this global change and why they are not happening? >> we link it to some of the other questions also, coordination issue in europe. to some extent a structural change also. the observation that it is a core mission problem and not everybody agrees with that. many analysts say the problem of europe is too much coordination and you don't have the flexibility in individual countries to do your own currency and react in your own way to problems and i would agree with you that actually it is a coordination problem. the fundamental problem in europe is individual countries are too small and too integrated to deal with the problems. one of the big problems in europe at the moment is you have to rescue banks and su

to go for an open trading system as much as they can and from wto membership and any other country.ng question that. yes, there will be trade frictions, particularly with the united states. i would expect china to open up even further. >> hans, do you want to take a stab at the second question, the reforms that are needed to reflect this big global change and why they are not happening? >> let me link it to some of the other questions. to some extent, there are structural changes also. it would be important -- it is a coordination problem. not everybody agrees with that. some say the problem with europe is too much coordination and you don't have the flexibility to do your own stuff and to react in your own way to your own problems. i believe it is a fundamental problem. they are too integrated to deal with the problems. you have to rescue banks and you have to supervise banks, and that is still done at an individual country level and that creates fiscal problems in many problems that then have to be solved and goes back to the banking sector. it is difficult to get coordination bec

to go for an open trading system as much as they can and from wto membership and any other country. few people are engaging that question that. yes, there will be trade frictions, particularly with the united states. i would expect china to open up even further. >> hans, do you want to take a stab at the second question, the reforms that are needed to reflect this big global change and why they are not happening? ink it to some of the other questions. to some extent, there are structural changes also. it would be important -- it is a coordination problem. not everybody agrees with that. some say the problem with europe is too much coordination and you don't have the flexibility to do your own stuff and to react in your own weight to your own problems -- in your own way. i believe it is a fundamental problem. there to integrated -- they are too integrated to deal with the problems. you have to rescue banks and you have to supervise banks, and that is still done at an individual country level and that creates fiscal problems in many problems that then have to be solved and goes back t

they've benefited from the open trading system and from wto membership than any other developing country and is very few people in beijing who question that. so yes, there'll be trade frictions, particularly with the u.s. but on balance, i would expect china to open up even further. >> do you want to take a stab at the second question on the statue reforms that are needed in the longer-term reforms needed to reflect this big global change and why they're not happening quite >> let me link it to some of the other questions also. let me start with the coordination issue in europe because to some extent it is a structural change also. i think first of all it is important the observation that it is a coordination problem. and not everybody agrees with that. many analysts at the moment say that the problem of europe is actually too much coordination and you don't have the flexibility in individual countries to do your own staff and to have your own current fee and reacting your own way to your own problems. and i would agree with you that actually it is a coordination problem. the fundamental

him on the world trade organization's decision to extend a formal invitation to russia to join the wtopresidents hailed this achievement as another result of the reset and bilateral relations which will benefit the united states and russia. brushup's membership will lower tariffs, improved access to russia's services markets, hold the russian government accountable to a system of rules and provide the means to enforce those rules. it will generate more export opportunities for american manufacturers and farmers -- farmers. president obama called president medvedev that the administration is committed to working with congress on the amendment to russia in order to ensure that exporters will enjoy the same benefits of a russian wto membership at their international competitors. they discussed the recent elections and subsequent demonstrations. president obama welcomed president medvedev's commitment to investigate the allegations. the peaceful demonstrations -- and it will the conditions that allow those demonstrations to occur peacefully and lawfully. president obama noted how the expre

increasinglyonomy opened to the world, we supported them, joining the wto exactly a decade ago. that was a landmark forward step and a really positive one. as the president has said, our economic relationship with china should be mutually beneficial if china abides with its global trade obligations. the united states has now reached the point where we cannot accept china ignoring trade rules. it continues to subsidize its own countries, discriminates against foreign countries, and has four intellectual property protections. recent trade negotiations, a chinese counterparts made what were truly promising commitments in some of these areas. but we must see a follow- through. we cannot rely just on words. we need time frames and concrete results. anything short of that will be unacceptable. [applause] we american business people just one trading partners to open their markets. businesses should succeed or fail based on the quality and the cost of their goods and services. this administration is deeply committed to ensuring the united states remains the most open economy in the worl

the wto law for which we went into a five-year probationary period, and then on january 1, 2000, all broke loose because it all went down like a rocket, starting with stocks, starting with the interest rates, and also the same time it took about five years after that and that would be about 2002, the industry started leading slowly. and as the year one on, they started moving up faster to places like china. you have general motors over there right now in china. you have a lot of big corporations in china. a last one that left this country was rand. unless you get the manufacturing base back in and create the terrace, you will not have small business, would you call the backbone of this country, and i will tell you, that is incorrect in will never be. host: a republican from texas. guest: what you're talking about is the ability of american manufacturers and american businesses, american workers to compete in what is a global marketplace. no question that we're seeing economic growth in many countries around a world, china and india, but we need to and we're working toward making sure

new sherlock holmes movie grabbing second place ahead of the much-hyped "girl with the dragon tattoo wtoing when you go to see "mission impossible." tom cruise does his own stunts and there's one stunt that people probably see in the pictures of, he's hanging off the tower in did you way and the tallest building in the world. he's. >> how old is he now? >> he's close to 50 and people thought his can rear would be over during the oprah couch jumping incident. >> and he has more physical aptitude other than jumping on a cloud. it's amazing stunts and amazing cinemaing to rav, and you know it's get's great franchise. >> let's turn to a movie that's coming up next year. i want to play the trailer for "the hunger games." >>. [ indiscernible ] >> to be trained in the art of survival and to be prepared to fight to the death. this is the time to show them everything. make sure they remember you. >> so like a glad wart movie? >> people are looking that the to be the next twilight or next harry potter. harry potter is done and "twilig "twilight" is done in about a year. this is the young trilogy,

as china's economy increasingly opened to the world, we supported them, joining the wto exactly a decadego. that was a landmark forward step and a really positive one. as the president has said, our economic relationship with china should be mutually beneficial if china abides with its global trade obligations. the united states has now reached the point where we except china ignoring trade rules. it continues to subsidize its own countries, discriminates against foreign countries, and has four intellectual property protections. recent trade negotiations, a chinese counterparts made what were truly promising commitments in some of these areas. but we must see a follow- through. we cannot rely just on words. we need time frames and concrete results. anything short of that will be unacceptable. [applause] we american business people just one trading partners to open their markets. businesses should succeed or fail based on the quality and the cost of their goods and services. this administration is deeply committed to ensuring the united states remains the most open economy in the world. t

we could seriously consider, i think that we, since russia is joining the wto, we need to get rid of the commitment because it -- we keep it on the books. it would really discriminate against u.s. business and against u.s. investors in russia. however, in the current environment in my view to get rid of the jackson amendment without replacing it with some other legislation which would establish a leak between u.s. policy and russian domestic purposes, i think it would be sending the wrong signal. actually, that would give a compression of russia that we do not care about russian corruption. accordingly, i think that we should proceed with the so-called bill which is named after russian law. a long story, but i would say that we, in my view, should have a carefully drafted piece of legislation which would give the administration appropriate procedures which would make short that it is sufficiently posed with sufficient safeguards and very important but the president obviously being it will to make an appropriate national security exemption when necessary, but i do think that some vers

russia applied to join the wto in 1993. its secession was held up partly by conflict was georgia. russia's wto membership will become official when it becomes ratified in the country possibly in the first half of next year. >>> baimg beijing is setting up weibo. it is a chinese version of twitter. the authority friday announced new regulations that obligate users of weibo to provide a real name and other personal information to the operating company when setting up accounts. the regulations include a ban on writing messages, calling for rallies or gatherings, also require the operating kwp to tie in monitoring of messages and report to police of illegalities found. increasing number of chinese people use the online service to criticize the government. following a fatal high speed rail crash in july, critical comments on weibo forced the government to take additional measures to cope with the accident. observers say china wants to suppress public criticism of the government ahead of next year's communist party convention when a new leadership will be chosen. >>> the indian central