yeltsin made clear he wanted him to be the next president of russia. that financial collapse meant that that government had to resign. that's when putin came into the void. that's how he became president. >> i just want to ask you -- again, it's really important to try to figure out where this all went wrong. we all remember that in -- after 9/11, putin stood firm with the rest, stood firm with the united states, allowed the united states, president bush to use former soviet territories to stage military into afghanistan. something then went wrong. is it accurate to say he felt betrayed by president bush when he went to war in iraq and further betrayed by president obama when he went to action in libya and in putin's view took it way too far to regime change? >> yes. in fact, vladimir putin described in detail how he felt betrayed by the bush administration when we first met with him in july 2009. we spent three hours at a breakfast. the first hour of that breakfast was putin explaining to the new president, president obama, all the mistakes that the b

he was going to be a fairly unexciting not particularly remarkable but loyal successor to yeltsin well things turned out slightly differently he was loyal bus he has not turned out to be an exciting so we will have to wait and see what putin chooses to do next he's got six years to make up his mind her i'd thank you very much very challenge there live in moscow well now we can speak to your read bomb in his a fellow at the russian international affairs council and he's joining us now from istanbul thank you very much indeed for taking the time out to talk to us some people refer to. as a new star of russia and he has become now the longest serving leader in one form or another hasn't he since stalin. i mean it is true you know it is always a symbolic thing in russia that you know a leader stays on for so long he becomes that kind of an element that is linked to the you know to the core of the country so of course russians a lot of russians let's put it that way see blood near putin as the new sorry if you will if you want and is that a good thing or a bad thing. i mean look at depends

for 18 yea rs president or prime minister for 18 years but when you look at his predecessor, or as yeltsin he has brought to russia in terms of making the streets safer, improving the economy, although he has failed to diversify it away from oil and gas. new ambitions for the next term. what is interesting as well, in the film of his inauguration, was the enormous glamour and incredible richness of the palace in which he was being crowned, virtually. it is an enormously powerful role that he has. even so, there is trouble in the streets. we saw that opposition to him is around. i am sure it is enormously repressed, but news of it is reaching the west, and there is discontent because the standards of living once you are outside glistening moscow and st petersburg, the standards of living is very low. people's ambitions are higher because they are aware through the media at what life is like in other places, so there is a great deal of unrest and a sense of repression. he has unrest and a sense of repression. he ha s offe re d unrest and a sense of repression. he has offered leadership, he i

trade it's instant settlement no banks even so trump is like wallowing in there like a drunken boris yeltsin liked trying to figure out like. dogs. right and he's like completely bamboozled himself is fooling himself and it also reminds me in the u.k. when they have a transportation system set up in different divisions so them that one company is doing that railway and other companies doing the stops along the railway and they're competing with each other in the u.k. privatizing these components of their transportation system so then they compete with each other and it doesn't work you can't get from point a to point b. because there's two separate companies or five separate companies competing with each other to stop you from getting to your destination so you end up with a are really a system is broken well here trumps applying the same for cocteau logic to global trade and looking like an idiot of course here is a us dollar based trade system that has benefited us immensely yes we have lost a lot of jobs but we've got receive a lot of goods for free here i'm going to show you the conseque

with yeltsin great, was gorbachev great? how many? i believe participation, , i believe the police from people, that they can change. you believe you can you bring in a perfect president or potential candidate to election, and some people to some extent are going to disagree with his or her policy. it's a human element and i believe revolution as such also doesn't really fit the right strategy for russia because russians are traumatized, , like let's look throughout the history, like the revolution 1917, been the first world war, the second, stalin time, the collapse, but yeltsin, and no putin. they are so sick and tired a change and change is like literally in the mine something negative. so in order to convince russian people in my opinion you don't have to sell them change or revolution. they are really afraid of change. they are happy they can survive getting by and afford the living. you just can, by your own example, by little action, little examples like kids, teach them the difference, teach in the politics matters because pol

gorbachev did before he went how to sign the paper that would collapse the soviet union and allow borris yeltsincome president of the russian federation, he called george h.w. bush and said, we did good things, didn't we? history will judge us well. i said to president bush, do you realize how are extraordinary this is? he said, i never thought about it. i said the president in his last act before the collapse of the soviet union called the american president essentially to seek his affirmation. that was a big deal. that is the way he was. david: another member of the family decides to run for president, george w. bush. you become the national security, the first woman. you are there and then 9/11 happens. where were you on 9/11? condoleezza: i was at my desk. president bush was at that event in florida. just to show you our pre-9/11 thinking, i did not go with him that day. my assistant came in and said a plane hit the world trade center. first we thought it was an accident. i called president bush. a few minutes later we learned the second plane hit the world trade center, and we knew it was a

yeltsin, gorbachev, it does not exist a great candidate. what does exist, i believe the belief from people, they can change. without believe, you can't bring any candidate to election. and some people to some extent are going to disagree with his or her policy. it is the human element. i believe revolution as such also does not fit the right strategy for russia. russians are traumatized. let's look throughout history. the revolution 1917 and the first world war, the second and the stalin time, the yeltsin, collapse of soviet union, perestroika, and putin. they are sick and tired of change and change is in their mind something negative. in order to convince russian people, in my opinion, you do not have to sell them change or revolution, they are afraid of change. they are happy they can survive getting by and they are living. you just, by your own example, by little action by little actions like kids teach them the difference, that politics matters, because politics translate and this in this changes your personal life. when they feel it th

gorbachev did before he went out to find a paper that would collapse the soviet union and a low boris yeltsin president, he called george h.w. bush. he said, we did good things, didn't we? well.y will judge as i said to him, do you understand how extraordinary this is? he said, well, i never thought about it. i said, the president of the soviet union in his last act, calls the american president, and to seek his affirmation. that was a very big deal. but that is the way he was. david: another member of the bush family decides to run for president. you become the first woman to be national security adviser for him. and then 9/11 happens? rice: yes. david: where were you when it happened? desk.i was at my president bush was that the educational event in florida. just to show you our thinking at the time, i did not go with him that day, my assistant came in and said the plane had hit the world trade center. at first, we thought it was an accident and we called the president. a few minutes later, we heard it was a second plane and we knew it was a terrorist attack. just a procession over the next

of the press its concerns but certainly challenging the president's decision to kind of as boris yeltsin put it throw the baby out with the bathwater the other concern in all of this the president has been tweeting about this is that he is not happy that a man who very much invested in getting this twenty fifteen agreement in place the former secretary of state john kerry has been according to media reports meeting with iranian officials trying to try and salvage this deal in fact the u.s. president not only criticizing the deal calling it a mess but also criticizing john kerry himself saying his actions are possibly illegal file aiding what is known as the logan act of seven hundred ninety nine which prohibits a private citizen from intervene. in foreign affairs so certainly there is a challenge for boris johnson in all of this the president doesn't seem particularly open to extending the deal and in fact continues to criticize it and that is the challenge with just days until this decision has to be made to the how could there live from the white house kimberly thank you first of all s

hardly any of that dribble down to the consumers' hands to restore what they had lost so at a meeting yeltsin or here or there in my book as we know they're guilty and they know they're guilty the question is how is the consumer being restored for what they lost where the regulators why are they not making them restore every dime that was lost to these consumers and in some cases it's hard to come up with a dollar amount you know if you've been given our credit. a credit account it's messed up your credit score because you've had too many hearty inquiries or because . you shut it down and you know sometimes shutting down an account can lower your credit score i don't know how you would put a dollar value on that but these consumers need to be restored i couldn't agree with you more on that they do need to be restored that there's been some of that but certainly not enough angela sloan the c.e.o. and founder of the sloan financial group thank you so much for your time sure appreciate it thank you for having me it's been a pleasure. and before we go i want to put my former regulatory role hat o

russia played along with that narrative in effect and yeltsin was in power and part of the threat now is or the challenge is that the world's become a multi-polar world more than just a look at russia they've got china and somerset you've got your and you've got the united states and the united states there's not it's not adjusted they don't do that because they're saying that these other countries threaten the global balance what is that the global balance of us to germany and say that's exactly the global balance of us that you have been a latymer putin threatens that much more than anybody else in an economic sense china threatens that but in a military sense you have to remember that the united states and russia control ninety three percent of the world's nuclear weapons peter just a moment let's listen and just very quickly. surely say. oh. now if it came out sure. but ok now. now i'm going to just dance here. not your. own in upper. class. so if you continue showing these live pictures here just moments now to be inauguration of the russian president vladimir putin let's return

communism and the implosion of the soviet union, we had pretty dam good relations with russia under boris yeltsin and under vladimir putin. there was cooperation, joint efforts, beyond just space. that has all gone to pot. not because of us, in my opinion, it has because of that. did he get in trouble domestically? and need a whipping boy? i don't know, but he has started nato into a whipping boy. for one minute that we are not back into a full-fledged cold war. we are, and that you asked what we should be going about it, we should be doing the very same things we did when we fought the over 40 years and we ought to be confronting russia when she is unreasonable. buzzing our ships, our airplanes. i am a secretary of state, he is a secretary of defense. this, not be able to say but i think we ought to shoot one of these airplanes down. i really mean it. [laughter] the turks shot one down, and nothing happened. [laughter] it really is regrettable that we ending progress we saw that conflict, and now we are right back into it. and we are back in not because of the united states or our allies, we are

trade it's instant settlement no banks even so trump is like wallowing in there like a drunken boris yeltsin and like trying to figure out like. dogs. like completely bamboozled himself is fooling himself and it also reminds me in the u.k. when they have a transportation system set up in different divisions so them that one company is doing that railway and other companies doing the stops along the railway and they're competing with each other in the u.k. privatized is a component of their transportation system so then they compete with each other and it doesn't work you can't get from point a to point b. because there's two separate companies or five separate companies competing with each other to stop you from getting to your destination so you end up with a are really a system is broken well here trumps applying the same for cock to logic to global trade and looking like an idiot of course here is a us dollar based trade system that has benefited us immensely yes we have lost a lot of jobs but we've got receive a lot of goods for free here i'm going to show you the consequences of imposin

years, after the collapse the closing ofd the soviet union, we had pretty dam good relationships with yeltsin vladimir putin. there was cooperation. there were joined efforts. that is all going to pot. has gone to pot because of them. did he get in trouble politically, domestically? i don't know. but he has turned nato into a whipping boy. do not think for one minute we are not back into a full-fledged cold war. we are. you asked what we should be doing. we should be doing the very same thing we did when we thought the first cold war over 40 years. confrontingbe russia when she is unreasonable, the way she has been. state.secretary of he is a secretary of defense. he may not be able to see this. i think we ought to shoot one of their airplane stuff. i mean, i really mean it. [laughter] -- was shot down, not much happened after that, did it? >> it didn't. >> but we saw progress. we saw an ending to that conflict and now we are right back into it. not because of the united states or our allies. >> the new cold war. >> i think jim is right. we are in a new chapter of the cold war. , a lot is it

trade it's instant settlement no banks even so trump is like wallowing in there like a drunken boris yeltsin liked trying to figure out like. to come here. dog. writing is like completely bamboozled himself is fooling himself and it also reminds me in the u.k. when they have a transportation system set up in different divisions so them that one company is doing the railway and other companies doing the stops along the railway and they're competing with each other in the u.k. privatizing is a component of their transportation system so then they compete with each other and it doesn't work you can't get from point a to point b. because there's two separate companies or five separate companies competing with each other to stop you from getting to your destination so you end up with a are really system is broken where trumps applying the same for cocked a logic to global trade and looking like an idiot of course here's a us dollar based trade system that has benefited us immensely yes we have lost a lot of jobs but we've got receive a lot of goods for free here i'm going to show you the conseque

trade it's instant settlement no banks even so trump is like wallowing in there like a drunken boris yeltsin liked trying to figure out like. clark you can get dog. right and he's like completely bamboozled himself he's fooling himself and it also reminds me in the u.k. when they have a transportation system set up in different divisions so them that one company is doing that railway and other companies doing the stops along the railway and they're competing with each other in the u.k. privatizing these components of their transportation system so then they compete with each other and it doesn't work you can't get from point a to point b. because there's two separate companies or five separate companies competing with each other to stop you from getting to your destination so you end up with a are really a system is broken well here trumps applying the same for cock to logic to global trade and looking like an idiot of course here is a us dollar based trade system that has benefited us immensely yes we have lost a lot of jobs but we've got receive a lot of goods for free here i'm going to sh

and the implosion of the soviet union, we had a pretty damn good relations with russia under boris yeltsinder vladimir putin and there was cooperation and joint efforts to. it hadn't gone to pot because of us in our opinion but because of them. in trouble domestically, politically domestically, and if they need a whipping boy i don't know, that he has turned nato into a whipping boy. don't think for one minute that we are not back into a full-fledged cold war. we are. what should we do about it? the same things we did when he e fought in the first cold war over 40 years, and we ought to be confronting russia when she's unreasonable the way she has been, buzzing our ships and airplanes. i'm a secretary of state and he's a secretary of the senate, he may not be able to see this. we ought to shoot one of those airplanes down. [laughter] i mean i really mean it. the turks showed one of them down and woul and would haven'te absolutely nothing. [inaudible] >> it really is regrettable that we saw the progress ending the conflict and now we are right back into it and not because the united states

boris yeltsin came out, along with other leaders, to try to talk to donald trump, but ultimately britain will decide between europe and the united states. ian: that's right, and that's something we haven't really got is , the fact that brexit here, and british prime minister theresa may has been holding sort of secret meetings on the sidelines about brecksity and her strategy about getting out of the european union. it's very ironic, really, at a meeting where they're all promoting this united front, but actually behind the scenes things aren't as united as they might like to make out. nejra: our thanks to bloomberg's ian wishart in bulgaria, thank you so much. now let's check in on the bloomberg first word news. courtney has that for us from new york. courtney: president trump meets china's point person on trade today. the vice president premier will go to the white house, and that's according to the president's chief economic advisor, larry kudlow. he came to the u.s. to try to resolve the dispute that threatens to turn into a trade war. the white house is still working out the format

revolution 1917 and the first world war, the second and the stalin time, the yeltsin, harris strike at and putin. they are sick and tired of change and change is in their mind something negative. in order to convince russian people you do not have to sell them change or revolution, they are afraid of change. they are happy they can survive getting by and they are living. you can buy your own example by by little example -- actions like kids teach them the difference, that politics matters, because politics translate and this in this changes your personal life. when they feel it themselves, when they believe it, they turn on. you cannot sell simple, empty rhetoric like elections are important, that is -- it is your duty as a citizen. nobody asks their opinion for 70 years. they have problems they can -- taking initiative, problems believing it will cost nothing and it is not going to affect their lives and i believe -- teachesitics and them it is ok to run. sometimes people have a hard time and i admire what they do. they are still alive. --k at this people look running for office. poss

he's just come in as russia's president and you're meeting him after the yeltsin years, and flying home, you write a little memo to yourself and i'm going to read it because it's pretty riveting and then i'm going to ask you to explain what you meant by the language. you wrote putin is small and pale, so cold as to be almost reptilian. reptilian. [laughter] >> he was in east germany when the berlin wall fell and says he understands why it had to happened, and expected something to rise in its place and nothing was proposed. the soviets simply dropped everything and went away. he argued that a lot of problems could have been avoided had they not made such a hasty exit. putin is embarrassed by what happened to his country and determined to restore its greatness. that's writing in 2000. 18 years ago. so tell us how that story is played out and tell us how we should best deal with the person you described as so cold as to be almost reptilian. >> well, first of all, president putin, i first met putin before that when he was kind of acting president at an apec meeting in new zealand and at th

former deputy chairman of the central bafeng of russia in the yeltsin era. he's an economist by training and obviously very expert in the issues of international finance and economics. so we're delighted to have sergei with us as well. and then at the end, david murray, vice president for product development and services with the financial integrity network. he was director of the office of illicit finance at the u.s. treasury department. like me, he was there is for about nine years in total, served as our attache in islamabad at one point. he's done some interesting things as well. he left last summer, summer of 2017. so he's relatively recently been at the treasury department working on issues like this. so i think that is everyone, right? great. so let me get started by asking, actually, dave, i'll start with you. explain to us, i just want to lay down kinda what happened and how treasury geared up to start working on sanctions back in 2014. so if you could do a quick introduction to familiarize the people with the story. >> thanks, matt. the initial bas

the hiv virus was actually a us army project that was bio chemical warfare experiment gone bad and yeltsin and others focused on the propaganda and influencing campaign in nicaragua, at the time, when really the great powers of the court war were fighting for the hearts and minds of the southern hemisphere in nicaragua and latin american countries. that is when active measures really was at its height. this is also the time period in which many of you will read probably in a newsweek article that i would say that many national security professionals think have some substance. this is when reagan met ostensibly with the pope and it was agreed that the us would use all the tools at its disposal to help the poland solidarity movement and put christianity and put civil rights and individual rights in the resurgence of poland away from the soviet satellite state as the solitary movement. some people go would charge that the cia was intricately involved in organizing the labor unions and organizing the religious aspect of independence for poland at that time. over the course of the last decade t

. >> it's interesting, mika when boris yeltsin, the british foreign secretary was here he met with pence, bolton and pompeo, he asked all three of them. what's going to happen the day after you rip up the iran deal and pull out? he couldn't get an answer and the other question he asked them, how is the world worse off than it would be with this deal? he couldn't get an answer. the only answer he got, kbas a campaign promise, it's a very bad deal. if there's a plan b here, if it was clear that america had decided, the white house had decided to rip up this deal and had a plan of action, that would be one thing. i was speaking to israeli officials yesterday, it was clear that even they think now the ball is in iran's court. well that's precarious position for us to be in. when this is now effectively up to iran. to decide what happens going forward. and i think, nick, i'm not sure what you would think about this, while there may be a short-term impetus for the iranians to sit there and watch divisions quite happily between the united states and their european allies. in the long-term, that