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of mick recovery and new procedures for people flying to the u.s. and keeping an eye on iran from a symbol of american military might. live from our studio in washington, this is special report. good evening i'm chris wallace, the government released the latest unemployment numbers which experts say indicate the job market is starting to heal. major garrett reports, the president praised those results and a -- at a factory that added jobs, paid for with your tax dollars. >> reporter: as president obama landed in north carolina, the state republican party reminded him today's improved job news had a broader and not so happy context, in,'s unemployment rate is 11.2% up from 9.2% when mr. obama took office and though the nation added 162,000 jobs in march, the tarheel state lost more than 90,000 jobs during the obama presidency. he toured a company that makes components for lithium batteries and is adding 300 jobs, due to stimulus financing, an example of private sector job growth, fueled by tax dollars. >> president barack obama: today is an encouraging day we learned the economy actually pr
about what's going on. but my sense is like yours and i think as george said as well, too. the u.s. government is starting to take some of the steps that i described, whether it's working with the gulf cooperation countries in terms of enhancing their defensive and ballistic missile defenses and security cooperation. i think that's the right thing to do. some of that actually started in the last administration. remember secretary rice started to have meetings with the gcc countries plus the saudi arabia and jordan i believe. and egypt. i'm sorry, you're right. and she started talking to them not about iran, but also started talking about okay, how do we do with regional security. and secretary continue may remember early on when she went to the gulf. she said something about the importance of defenses. and a lot of commentators interpreted that as many were giving up on stopping iran from having nuclear weapons and she quickly clarified that no that's not the case. the challenge for the administration or any other administration is how do you shift from the diplomacy of prevention
allies and partners, and the international community. this review describes how the u.s. will reduce the role and numbers of nuclear weapons with a long-term goal of the nuclear- free world. driven by the changing nature of the security environment, the npr opuses on five key objectives. preventing nuclear proliferation and terrorism. reducing the role of u.s. nuclear weapons. maintaining strategic deterrence instability at a reduced nuclear force levels. strengthening regional to terrence and reassuring u.s. allies and partners. sustaining a safe, secure and effective nuclear arsenal. to these ends, the npr shows significant changes to the posture. some of the calculated ambiguity is removed. if a non-nuclear weapon state is in compliance with non proliferation treaty and obligations, the u.s. pledges not to use or threaten to use nuclear weapons against it. if any state eligible for this assurance or to use chemical or biological weapons against the u.s. or its allies or partners, it will face the prospect of a devastating conventional military response. still, given the catastroph
make sense of what the president is saying? >> the idea is that u.s. firms can do for u.s. taxation's if they locate activity offshore. you can think of it as being like this. if you want to sell in germany, you have to compete with companies that are producing comparable products at a tax rate that is a few points lower. one way that you can do that is to locate a subsidiary in ireland and then that subsidiary will sell to germany and the profits will land in ireland. it seems crazy to assert that the company that does that is evil. then we would take away the opportunity for the u.s. firms to compete in germany. there would probably lose. right now, there are multinationals because they are allowed to avoid u.s. taxation. the way that you attract business to the u.s. is to make it so that you do not have to go to ireland to go through germany. if you wonder why there are so many unemployed people, it is amazing that they would say something like that. >> i think that what the president said it is just old- fashioned mercantilism. there is some confusion as to what multinational co
the development rejectnew u.s. nuclear weapons and dial back current policy that allows the u.s. to use nuclear weapons in response to attacks by non- nuclear nations." to help us get through little more of this, jonathan landay is on the phone. he is a mcclatchy newspapers senior national security correspondent. good morning. tell us how the administration will role of this policy? guest: i believe that it will be sort of a formal roll out with the president, secretary of state clinton, defense secretary gates, and believe it will be an in-depth briefing on the substance of the review at the pentagon. host: congress requires the administration to release this type of nuclear posture review, is that correct? guest: yes, that is correct. this is the third since 1994. the one done by the clinton administration was not congressionally mandated. but the last two, the one by the bush administration, and this one are congressionally mandated. host: does that mean that congress will take some sort of action on this? or did they just lay out some requirement for the president? guest: it is substantiall
. finally, any decision to proceed to the engineering phase, the u.s. will give a strong preference to refurbishment or reuse. this makes clear that the replacement of nuclear components would only be undertaken only if critical management program goals cannot be otherwise met and it specifically authorized -- and is specifically authorized by the president. these are the principles which -- with which we intend to maintain the president's position. this review goes further than that. it provides an outline of the resources that we will need to get the job done. the review calls for the modernization of nuclear weapon and the structure and sustainment of the science and technology base which is required to support the full range of nuclear security missions. this is reflected in the president's budget request which requires a 13.4% increase in funding for the nsa. this investment is critical for addressing our aging and the structure and enhancing our efforts against nuclear proliferation and terrorism. it will also allow the u.s. to reduce many non-deployed warheads currently kept
this represents the best interest for the u.s. and our partners and allies around the world. >> let me begin by thanking secretary gates, secretary clinton and admiral mullin. this was say multi-agency review. it reflects the important expertise of the state department and the energy department and the department of defense. this report reflects the understanding that the effort to reduce nuclear dangers requires an -- an all-out government approach. as the president said, we will sustain a safe and secure effective arsenal as long as weapons exist. this review reflects the commitment and puts the nation on a path to grab the research required to make that possible. it defines specific steps, accelerates the securing of nuclear materials worldwide. it is based on several key principles that will guide future u.s. decisions on stockpile management. the u.s. will not conduct nuclear testing and will seek ratification for the comprehensive nuclear test ban treaty. we will not developed a new nuclear weapons. our laboratory directors and a host of others been clear that our programs can maintain
compared to the u.s.? >> they have to define unresolved cases. europe, if you look at those vehicles, there are a lot more vehicles with break overrides. that would explain fewer sudden acceleration cases in europe. second, european drivers are more adapted shifting into neutral and using breaks to bring a car under control. >> back to this country, how many complaints does nhtsa get? >> they only get about 20,000 to 40,000 complaints per year. they used to get 100,000 or 200,000 per year. >> how are they handled? >> not very well. the agency, this gets into the resource issue. they do not have enough investigators to go through every complaint. what you find is the complaints mass up until there is a critical mass and it should be a warning system when they look at things as they come in. >> take cod, massachusetts. >> thank you. i was wondering if it is in the manufacturer's best interest to make cars? >> absolutely. safety sales. -- safety sells. it is the regulatory equivalent of war against the air bags in the early 1990's. manufacturers cannot sell enough air bags these days. >
they said they can do without changing the doctrine. that does nothing to change u.s. capability, and i think that is being conveyed to the allies. the allies tend to be japan and some of the nato states. in japan, the japanese government actually came not and said, please do take away the cruise missile the u.s. had been detaining, even though we did not feel we needed it, but we retain it as a reassurance. the japanese of the be removed in support of disarmament, and in nato, the foreign ministers of germany, the netherlands, norway, belgium, and luxembourg, they ask that nato take on this issue of taking on deterrence with the agenda of seeking disarmament, so the environment is changing from the cold war, where in europe after one was worried about a massive soviet invasion, or the allies would not feel secure if we did not have nuclear weapons to deal with massive superiorities, so now the situation where it is reversed, the russians are going to be slowing the disarmament process because they're worried about nato security against russia. none of that the with the middle ea
planning to attack law enforcement officers here in the united states and insight the overthrow of the u.s. government. chilling allegations against the alleged members of a michigan malit malitia, and now ominous recordings revealing a deep sea of loathing of those they call terrorists. susan candiotti is working the story for us. susan, tell the viewers what you have. >> reporter: well, wolf, cnn has obtained exclusively an audiotape played during a bond hearing for alleged members of the gutari militia last week. the government says you are about to hear the voice of the alleged leader. >> in this nation we think we are free, but you need a certificate to be born, a license to drive or permbuild a number to get a job and even a paper after you die. these are permission slips from the terrorist organization called the new world order. people in this nation, as well as some around this world, are waiting for those individuals like you see sitting in this. we are free and should not be afraid or ashamed to admit we are the american militia. we outnumber them. as long as we let them terrori
that they worked on how do you take that material and how do you fashion it into a weapon? now, you know, the u.s. intelligence community in the last assessment said they could have a nuclear weapon sometime between 2010, that's now, and, you know, the end of this decade. maybe we're still talking that time frame. but they have the wherewithal to build nuclear weapons. the question is, will they make that final decision? i think that's what george perkovich said. maybe we can still influence that final decision. i'm worried that they are going to make that final decision. they're going to decide it's useful to have those weapons so we need to figure out how do we live with that? [inaudible] >> just two quick supplements to what greg said. on why it's taking iran so long. and i would argue, you know -- i'm not sure they made up their mind. they're the only state that has sought nuclear weapons while being in the nonproliferation treaty. which actually slows things down and complicates things enormously and raises the stakes if you get caught. israel, india, and pakistan acquired nuclear weapons bu
rise in the treasury yield if the u.s. data continued to surprise on the strong side. but what we gathered was there was little failure because china was trying to send a message to the u.s. about its effectiveness in influencing treasury yields. but now that the u.s. treasury has agreed to postpone the report, i think the big tone into the treasury auctions will come back. therefore, we feel that the treshy yields at 4% are now attractive. >> so you think it was purely political? because some out there say, look, there is a weakening demand for u.s. treasuries because of their sovereign debt level. >> there's room for trepidation. we feel yes, sovereign debt is a concern. but ahead of the u.s., there are other countries that are even bigger concerns. you could name japan, the uk, etcetera. weflt, therefore, the u.s. treasury at 4% is attractive to balance key assets with safe haven assets, as well. we have a lot to talk about over the next hour, that was anantha nageswaran with julius baer. now to london. >> saxo bank is back to a slow start as we begin this second quarter of the
in the worst u.s. mine disaster in decades. >>> switching sides. afghan president hamid karzai threatens to join the taliban. >>> and, kings of the court. duke just slip by america's favorite underdogs to become duke just slip by america's favorite underdogs to become ncaa top dogs. captions paid for by nbc-universal television >>> hello and good morning, i'm lynn berry. and today we begin with a devastating disaster. there are now at least 25 confirmed deaths, and four unaccounted for after an explosion ripped through a west virginia coal mine, in the worst u.s. mining disaster since 1984. a search has been halted for the four missing miners who would have enough food and water to survive for 96 hours, if they are alive and mobile. the explosion happened yesterday afternoon, about 30 miles south of charleston. the federal mine safety and health administration says miners were leaving on a vehicle that takes them in and out of the long shaft when the blast happened. now, the cause of the explosion is unknown. but the mine has a long history of frequent violations for not properly ventila
looks at efforts by mexican drug cartels to infiltrate and corrupt u.s. border officials and other representatives of the security personnel. it lasts about an hour. >> i want to thank all of our witnesses for coming to this meeting. we are meeting in the homeland security and government affairs committee room. i want to thank all of you for being here, participating, and what i would like to do is go ahead and give my opening statement. senator bentsen is on his way, and maybe a couple of others. i will turn it over to witnesses and we will house lots of questions. let me start with a couple of facts. the fact number-one, mexico shifts over 50% of the methamphetamine and marijuana into the u.s. market that we have. over 50% of it comes from mexico. and 90% of the cocaine in the u.s. comes from mexico. that is about a $25 billion industry in mexico with drugs and drug trade. as a result, i guess fact no. 2 would be that the u.s. border defenses have beefed up and they have tried to squeeze these drug routes, which have been good and to some extent effective, but to gain the advanta
. . . >> the u.s. contract guard staff is okay. but yes, you're right; there were pakistani security in the area and, tragically, some of them have been killed. >> do you have any leads on the -- the taliban in pakistan has claimed responsibility. i was wondering if you have any leads on the mastermind or -- >> we do not. >> can you tell us what the building is like right now? i understand it was hit. >> it's still functioning. the recent security measures that we put in place there have been effective. but beyond that, i'm sure we will review, as we normally do, what -- and make additional adjustments going forward as we think we need to. >> when is it going to be open again? do you -- >> i mean, it's open now. >> it's still open -- it was open today? >> i mean, it's functional. >> it didn't close after the -- >> obviously, in this kind of situation, what kind of business they're doing is probably a separate issue, but it is functional. >> and then -- >> do you know how many -- sorry, just one more -- a clarification. do you know, for context, how many people work at that consulate? it's rather
in a colorado prison. that operative is ali al-marri, arrested after 9/11. u.s. officials say the planned visit between the diplomat al-madadi, and the imprisoned al qaeda member was just a are routine case of a diplomat checking on a countryman. the visit never happened because al-madadi sparked a scare on his flight last night. officials say he lit a cigarette in the first-class laboratory. when a flight attendant smelled smoke and asked what he was doing, he says i was just lighting my shoe on fire and went back to his seat, refusing to turn over his lighter. federal air marshals on the flight got involved and the pilot declared an emergency. >> they thought maybe he tried to ignite something. >> reporter: that was enough to scramble fighter jets and warrant a briefing of president obama. after a flurry of diplomatic talks it was decided al-madadi would be recalled home. all of this shows the hairtrigger sensitivities just three months after the underaware bombing attempt on christmas. what has some people incredulous is the idea the diplomat al-madadi, would make a joke about terrorism whil
of nuclear weapons in u.s. national- security policy. a year ago in propagate a speech where he pledged to reduce the dangers posed by nuclear weapons, as well as a goal of a world free of nuclear weapons. i think that over all decision is rooted in a growing bipartisan consensus that the nuclear status quo is no longer tenable, that nuclear-weapons are now and liability. the dangers posed by a spread two additional states, as well as potential threat of nuclear terrorism, brought the world on the verge of what one might call the proliferation tipping point. so i think the president of all vision is rooted in that danger and he outlined a number of points steps in prague, while noting that a world free of nuclear weapons and not something likely to happen in his lifetime but a number of steps and that we can take on the way. one of the things he mentioned was a new arms control reduction agreement between the united states and russia. he talked about securing and safeguarding all vulnerable nuclear-weapons usable materials within four years and he also said while the u.s. is pursuing t
on board, that's a litmus test. now, if you ask him whether that's the litmus test with the u.s.-china relationship and i know it's not. which reflects the much greater leverage and that the chinese have in the bilateral relationship with the u.s. than the russians in particular and that's a pretty interesting and telling i think change of affairs from even just a years ago where the russian support was viewed as you got that then it got the chinese -- that little paradigm if it ever existed i think it's broken. and the chinese have shown themselves of a number to bring issues over the past year to be willing to be more in front and in opposition to u.s. interests. i'm sorry -- the question, the nuclear treaty. >> the numbers? >> the numbers. well, sharon do you want to talk about the numbers? >> i was going to refer to -- i think that there is less of an obsession with numbers because of the reason that in the day earlier which is the u.s. does not -- there are many in the u.s. that do not fear russia as a major strategic competitor here did maybe anger can talk about the discu
in the public relations between the u.k. and the u.s. there has been an historic love affair between the two. what make clegg is trying to say is that the special relationship between the u.s. and the united kingdom is the driving force in the foreign policy of both countries. i think that the united states does not lose too much sleep on that. but it also finds britain a useful ally. but as henry kissinger once said, if he has a problem, what is the telephone number he would call in europe? that issue is still there, but now there are so many protagonists for that. there is mr. sarkozy, angela merkel. and mr. blair just followed the american line in a way that just reinforces this relationship. >> the pentagon will update cold war era rules that will determine which u.s. technologies can be exported abroad. we will hear from secretary gates next on c-span. on this morning's "washington journal" topics include derivatives regulations and iraq and afghanistan. it begins at the top of the hour. >> all this month, see the winners of c-span's studentcam documentary competition. middle and high s
conference gets under way tomorrow in tanzania. we talk to the hiv-aids program how it affects u.s. security. >>> we look at the president obama's ambitious nuclear agenda. working toward a world free of nuclear weapons, he heads to the czech capital to sign the treaty with russia. to reduce from 2200 warheads to 1550 weapons. earlier in the week the administration a 50-paged mandated report outlining the president's nuclear policy goals, key elements of which include changing how the united states uses its nuclear weapons like no longer targeting non-nuclear states that abide by the nuclear non-proliferation treaty, maintain a smaller arsenal by increasing investment in the weapons infrastructure and preventing terrorism while strengthening regional deterrence and reassuring allies. 40 nations will be hosted at a summit here in washington to figure out better ways to control proliferation. here to talk about the nuclear posture review and more is brad roberts, assistant secretary of defense for missile and defense policy. welcome to the show. >> thank you. >> congratulations on the treaty
destruction. nuclear, biological, chemical. first nuclear. if a country uses a nuclear weapon against the u.s., a u.s. retaliatory nuclear strike is an active option. second, biological, chemical weapons of mass destruction. if a country were to attack the u.s. with a biological or chemical weapon, a u.s. nuclear strike is off the table. if two conditions are both met. one, the nation attacking the u.s. with germs or chemicals has no nukes. two, the same nation attacking the u.s. with germs or chemicals was ostensibly abiding by nuclear nonprolifera commitment. secretary of defense gates outlined the u.s. nonnuclear response to a biological or bot conditions are memet. >> if any state eligible for this assurance were to use chemical or biological weapons against the united states for its allies or partners, it would face the pros secretary of a devastating conventional military response. >> reporter: secretary gates also isolated north korea and iran as exempt from the assurance of a nonnuclear response. >> we essentially carve out states like iran and north korea that are not in compliance w
defenses that can protect the lion's territory and deploy forces. second the u.s. and nato should strengthen security relations with key arab partners, particularly egypt, iraq, jordan, saudi arabia, and the gulf states. consultations on the security risks of iran's nuclear activities would be a first step. subsequent steps could include bilateral exercises, combined contingency planning, foreign military sales and missile and air defenses that can extend protection to regional partners and operate with their own defenses. third, the united states and nato should act to discourage further proliferation. they can reduce their incentives to proliferate. also iran must be denied any benefit from its nuclear arms. the world may have no choice but to live with a nuclear armed iran but we should not accept it or legitimate it. other would be proliferators should look at iran, even with nuclear weapons and see that treaty violations bring penalties instead of prestige and sanctions instead of security and isolation instead of influence. finally nato needs to consider the implications for
in defense news. what is the future of the u.s. defense industrial base? we will get inside view from the policy chief. first, after criticizing the u.s. air force's $35 billion tanker contract, eads decided it will compete on its own to replace aging refueling planes. we have sean o'keefe, he's former pentagon comp troller and nasa administrator. we're honored to have you. >> nice to be here. >> your company accused the pentagon of tilting this competition in favor of boeing. you lost your north american partners integral to your win, and northrup grumman is that not bidding with you this time around. what happened? >> this was not a criticism of the department. they changed the parameters of what they were asking for. the last time around they asked for air refueling modernization effort. give me the best capabilities you got, give me all the aspects of not only accomplishing the refueling missions but capabilities above and beyond that. and the best value and the best capability is going to win. this time having didn't disqualified by the general accountability office and the secre
, and the fourth challenges nuclear technology has become an agreement in rivalry. think about the u.s.-led diplomacy in iran and the tolerance towards russian and chinese business links with iran. despite these challenges, there has been progress. pakistan is no longer exporting enrichment technology or any other technology. libya is desired, serve brown remains a big problem. -- disarmed, but iran remains a big problem. another item of progress -- nor is item three j are they giving away -- nor are they giving away bomb technology. such a policy came from the very top. this 1988 photograph is of the grand old men of the chinese nuclear weapons program. i will tell you the names later rather than attempt to pronounced chinese myself, if anyone is interested. another item of progresses' the notion nuclear weapons are the ultimate status symbol has been downgraded. the kernel of libya sagas. some who say in sound of the hard way. -- don sa -- saddam hussein found out the hard way. this other man came in the peace program. he worked in vienna for 14 years. in pakistan he directed a progr
you, tara mergener in washington. >>> well, a group of suspected pirates who allegedly attacked u.s. navy ships off the coast of africa is expected to appear in a u.s. court as early as this morning. the 11 suspects are accused of firing on two navy vessels in two separate incidents, one in march and one in april. they've been held for weeks on american ships off the somalia coast. they were flown to the u.s. thursday to face charges in federal court. >>> three american hikers held in iran are considering going on a hunger strike. the three graduate students from california have been held since july. they crossed in to iran from iraq while hiking. swiss diplomats say two of the americans are in poor health. iranian officials say the trio will be prosecuted but no trial date has been set. >>> on the cbs "moneywatch," it was downhill for stocks in asia this morning. farnoosh torabi has that and more. >> reporter: stock markets in asia finished lower on worries over greece's debt crisis. today wall street gets the latest report on durable goods. thursday, the major indices bounced back
a nuclear warhead. it can already reach u.s. allies and bases in the middle east. the last administration and this administration, 3 round of international sanctions. the choice of two path, negotiation or isolation, iran's leaders ignored our choice, using negotiations and partial collaboration to divide the international community, stave off international sanctions and continue their nuclear pursuits. i can only assume iran's leaders calculate the influence and security that they see as provided by nuclear weapons or by reaching the threshold of having them outweigh whatever condemnation and sanctions emerge from the multilateral process. increasingly i would argue we must base our plans and diplomacy on the assumption that iran will have nuclear-weapons. did i mention i am speaking for myself? i want to make that clear. iran's leaders, once nuclear-armed, may not be so suicidal as to launch nuclear attacks against israel, the united states or their partners or allies around the region but iran's leaders may engage in nuclear brinksmanship. dangerous as, tory behavior to try to intimida
a recent visit to the region you visited with india and since the mumbai attacks, u.s.-india counterterrorism cooperation has grown exponentially. but after the had to leave plea-bargain there has been concern in india because the u.s. has been reluctant to talk about whether he would have india what have direct access to headley and they feel that because of headley's scouting mumbai that they should be afforded access if not extradition which is now out of the poor because the plea-bargain and out of all of this conspiracy theory from commentators etc. that there is an intelligence component to hockley etc tooby will you into the counterterrorism bureau sort of the urge direct access to the indians to hadley and in your remarks you also spoke about the fact that one has to stop the passage support to the groups and even people like bruce reindell and the indians keep talking about the fact that the u.s. house double standards in terms of pakistan military and isi assistance to the fact they sort of conceived as opposed to other groups which are an external existentia
with first-time buyers leading the way. plus, with hundreds of millions of attacks on u.s. computers every day, where does america stand on cyber-security? captioning sponsored by cbs from cbs news world headquarters in new york, this is the "cbs evening news" with katie couric. the. soant the search continues for the 11 workers missing since the explosion late tuesday night. the coast guard has now expanded its search area to cover 3,000 square miles of the gulf waters. whit johnson has the latest. >> reporter: when the oil rig finally sank into the gulf of mexico this morning, there was still no sign of the missing. now an environmental concern-- the coast guard estimates crude oil at the rate of 8,000 barrels a day, could be spilling into the open sea. 700,000 gallons of diesel fuel was also stored on the rig, and now that it's underwater, officials don't know whether that fuel is also spilling. they do know this accident has a potential to be an environmental disaster. >> i think there are just too many uncertainties for us to be able to estimate what the volume of the potential spill
approach to security upgrades that involve more upgrades and more countries, combining u.s. funded upgrades with upgrades we convince countries to do themselves. we need a broader approach to the fewer places that we can achieve greater security at lower-cost. that means consolidating all kinds of things, also warheads and plutonium that your places. with more kinds of incentives and more kinds of policy tools. we're working on converting research reactors is available use high enriched uranium. there really aren't needed, it can be quicker and easier to give them incentives to shut down, give scientists contracts that doesn't require a research reactors. we need a broader set to move toward more stringent global standards for security. there are countries like pakistan, but we do need a base line everywhere, given that we're facing terrorism of a global reach. >> a question about institutional oversight, states can request that they committed help them form their own plan, but it is all on the ballot -- a voluntary basis. anybody can assess what threat and they think is prevalent in that p
is being planned to make the u.s. conventional response more robust? given the fact that the united states has such a lead in terms of its conventional response and ability to target points around the globe, why would a country that is thinking about nuclear weapons not continue to develop those nuclear weapons given the fact that it does not have the ability to develop the kind of conventional strike that the united states has? >> we are currently looking the long-range strike systems. we're coming out of the review and the npr. in that study that is now under way, we're looking at penetrating bombers, standoff bombers, cruise missiles, potential global strike capabilities, as well as supporting electronic warfare. after having a hard look, we decided that we wanted to pull back and have a look at the broader portfolio and the family of systems. that is now under way. we expect that to inform the fy 2012 budget. we do have r & d under way and money set aside for these capabilities. from a policy perspective, when you think about the perspective of a potential proliferators, in this npr, w
as the american civil war or u.s. involvement in world war two. american involvement in iraq will continue for many more years in the form of political engagement and support for good governance and economic development. the end of our active military involvement there is in sight. the president has directed that american military forces in iraq the reduced to no more than 50,000 by the end of this august. our agreement with the government of iraq calls for american troops to be out of the country entirely by the end of 2011. the u.s. troop drawdown is welcome news. it reflects significant success based on hard work, bravery, and sacrifice by coalitions and iraqi forces. extremists and terrorists still lashed out at military and civilian targets but it has become less of a threat to the government of iraq. conducting the drawdown is not a simple task, like turning down the thermostat. thousands of troops must be redeployed. thousands of contractor employees must be reassigned or released. hundreds of military bases have to be closed or handed over to the iraqis. millions of items of equipm
for it by inflating the debt away. the two allied countries, britain and france, owed enormous debts to the u.s. >> host: husband. -- uh-huh. >> guest: in order to finance those debts they demanded gigantic reparations from germany. and the warheads were tied with reparations to germany. the u.s. refused to forgive these debts. calvin coolidge said they hired the money, didn't they? and the sort of tragic consequences followed from that decision. initially, it tried to impose a debt of something like $30 billion on germany which had a gdp of $12 billion. >> host: which would be in the trillions today? >> guest: it would like the u.s. having a debt of $45 trillion, which would be crazy. they eventually negotiated that down to about -- to $12 billion. but even then the germans thought this was completely unfair so never wanted to pay. and europe -- britain and france never wanted to forgive it. forgive this debt because they felt obliged to pay a similar debt to the u.s. for their war debts. >> host: so that's the mess the central bankers that you write about really have dropped in their laps to
special statuses. this will be dealt within may at the nontreaty significance. the u.s. has been making an effort to increase the profile in the pakistan leader ship. both countries are tentatively moving closer after years of tension and the u.s. is playing a role in that. both countries are insecure about their relationship with the united states. the fact he's meeting with both countries is significant. host: our phone calls are on the screen. calls for josh rogin. outside of indian, pakistan, you said there's a lot of things agreed to in advance. i want to say outside of i ran and north korea what countries cause administration the most concern? guest: look at the former soviet states first. most of sit - it's not a coincidence president obama when senator was part of an initiative to do that. it used to be called the nonlieuinger f initiative. the president met with the president of kazakhstan yesterday. they have a pretty atrocious human rights record but that did not come up in the meeting. this shows the interaction of the issues on the table. host: show our viewers the presi
at the economic chaos if greece and whether the u.s. can learn anything from it. live from the studio in washington, this is "special report". good evening, i'm bret baier. president obama nuclear summit ended with an ominous warning, despite the end of the cold war, the world is more dangerous than ever. the president just wrapped up his closing news conference a few moments ago. senior white house correspondent major garrett was there and joins us live. >> reporter: good evening. the president said there is something intrinsically good about the work accomplished here in two days, 47 nations making voluntary commitments to do more to monitor loose nuke materials. overshadowing the event was what was the international community do to deal with iran feared pursuit of nuclear weapons? the president conceded, the chinese now supportive of sanctions not committed to specific ones and said negotiations could prove difficult and said he will work as hard as he can to contain strong and meaningful sanks. but when he described the overall goal, he left out my deterrent or punishment of iran.
again. but as a whole, we can't say the consumer in the u.s. is taking off again. although we're seeing great results from intel, it's certainly not u.s. consumers. >> if you look at the technology sectors, they are leading again today. could it somehow concern you that maybe the technology sector will lead the recovery process? >> my concern at this point is we're all talking ourselves up. the media is saying it's looking better. some economies are looking better. stock markets are looking better. some people are investing more, some people are producing more. but at the end market, i'm not convinced that this is occurring yesterday yet. in the end, i'm not sure that the consumer will say, oh, the recession is over. but at this point, i think there's a great deal of uncertainty. graham, given what you just said, we don't need to raise rates anytime soon. >> well, that's not true. if you look at india, singapore, they're putting interest rates up. not just because of good economic rates, but because we have inflation issues. so what the central banks are doing is saying, look, the econo
, louisa. we are about 5 1/2 hours away from the opening bell here in the u.s. we're going to get you updated here on what to expect today. a big day when it comes to economic data. the key number at 8:30 new york time, we'll be getting our first look at first quarter gdp. the expectation is for a 373% after the fourth quarter's 5.6% print. at about 9:55, we're going to get the april consumer sentiment data and chicago ism. we're going to end a strong earnings week with major companies reporting before the bell. we're going to have oil giant chevron. we'll see if it has any exposier or anything to say about the big fire in the gulf, the big spill that we have there. we're expected to host earnings of $1.12. home builder dr horton is expected to lose about a penny a share when it reports, christine. >> let's talk about what is needed for the market today and the global economy. joining us now is robert plier. investors are focusing on earnings, the u.s. gdp data is coming out later today. do you get a sense that somehow the global story is pretty much intact despite what's happening wi
to the implementation of u.n. security council resolution 1540 which is something that had been discussed and the u.s. is now putting some money behind and i would hope that other countries would do the same. two, couple other things. our agenda is going to focus on the 12th, which is probably not going to be a part of the summit. this whole question what do we do with highly-enriched uranium used in the civil sector? the administration's policy is focused on what is called minimization. it hasn't been defined what minimization is but we're very much focused on minimization and elimination. because as mat pointed out a lot of this material is in research reactors that aren't as well-secured. there are alternative fuels which are being developed and are already in exist tense where reactors could be converted. and i think getting heu out of the civil sector so it is just ultimately a military material and ultimately getting it out of the process entirely would be a very valuable, would very valuable. then the second thing i think would have been really important would have been some kind of commitment
to protect themselves against the u.s. first strike. i do not want to suggest that the only reason they are pursuing nuclear weapons is because the u.s. has nuclear weapons, but we should be working to try to make it more difficult and we do not need to be giving them additional excuses. on the issue of the cold war, i agree that the soviet union was a totalitarian state. i do not remember suggesting otherwise. at the same time, the measures that the united states and soviet union pursued towards the end of the cold war not only made the united states safer, but made the world safer as well. host: ill., democratic line. caller: good morning. host: you are armed. go ahead. caller: i do not think that we need to destroy the world more than three or four times. i agree that we could get rid of a few nuclear arms. the world has enough. i also want to apologize before i say anything, but it bothers me, someone in your position that presence is the word nuclear as nucular. guest: i have been told that this will of the areas where i do agree with former president george w. bush. point tak
this and more than a year in the making between president obama and russian president dmitry medvedev. the u.s. and russia finally sealed the deal on a first step toward reducing their nuclear arsenals and both leaders said there would be more cuts to come. >> this day demonstrates the determination of the united states and russia, the two nations that hold over 90% of the world's nuclear weapons, to pursue responsible global leadership. >> now, here are the keenum bers. both country have agreed to limit their nuclear arsenals to just over 1,500 weapons each. long-range missiles would be limited for both countries to approximately 700 each. this will take over seven years to get these reductions down. the two countries have, as the president noted, 90% of the world's nuclear weapons. there are seven other countries that account for the other 10%. the biggest sticking point in this was missile defense. it came up at their joint press conference. president obama tried to make it seem as if it was just an issue that they will keep discussing, there's an open dialogue, and maybe missile defense an
morning. >> in the u.s., it means no planes are leafing for northern europe, which might include air force one, scheduled to take the president to poland. >> and this is the reason. the thick, volcanic ash carried by the wind, that can quickly cripple any jet that flies through it. passengers on the nearly 700 daily flights between the u.s. and europe are stranded. >> sonia gallego is following the disruption. >> reporter: we've just learned that no planes are flying from england until 1:00 tomorrow morning local time, at the earliest. that's a huge inconvenience for thousands of passengers. this is the cause of all the chaos. a volcano in iceland erupting beneath a glacier. it's konding to spew ash and molten debris into the air. causing floods and bringing european air traffic to a near halt. >> we're told our flights are completely canceled all of u.k. and ireland. so, there's very little information about that. >> not going today. >> reporter: as the ash moves eastwards across europe and into russia, it's showing no sign of letting up. air travel has been thrown into turmoil. and some
, the u.s. is under attack by an army of computer hackers. so where does america stand on cyber-security? >> rodriquez: it's scary when you think about it-- how much we depend on computers and the internet, especially considering the system's never been more vulnerable. in a recent survey, three quarters of business and organizations claim they experienced a cyber-attack last year. this week, it was reported that hackers have been able to steal critical information from google, so what's being done to stop this? terry mccarthy continues our series "cbs reports: where america stands." >> reporter: cyber-space-- it enables, e-mail, electricity grids, international banking and military superiority. we can't live without it. but increasingly, experts say the openness of cyber-space is putting the u.s. in jeopardy. >> we can say that sovereignty is at risk. >> reporter: sami saydjari heads the cyber-defense agency, an information security company. >> basically, our whole superpower status in the united states depends on computers. we lose them, we lose our status as a superpower an
: the former head of citigroup apologizes for his bank's role in almost bringing down the u.s. financial system. >> tom: but the people investigating the crisis aren't buying the apology. you're watching "nightly business report" for thursday, april 8. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> suzanne: good evening, everyone. apologies today from two men who were once powerful leaders at citigroup. tom, it was a quite a moment on capitol hill-- charles prince, the former ceo, and robert rubin, an influential advisor to the bank, admitted they made mistakes that contributed to the financial crisis. >> tom: susie, it was day two of hearings looking into the causes of the meltdown. and the panel members were just as tough on citi's big wigs today as they were on alan greenspan yesterday. >> suzanne: tom, as far as the panel was concerned, "sorry" just wasn't good enough. washington bureau chief
was speaking for myself, not the u.s. government? okay, just want to make that clear. dears, wants nuclear arms and not be so suicidal as to launch nuclear attacks against israel, the united states or other partners are allies in the region. however iran's leaders may engage in nuclear brinksmanship, dangerous escalatory behavior to try to intimidate neighbors, to teach outside intervention or even to impress the republic. he may feel emboldened to use surrogates, asymmetric mansur conventional force to seize territory in the extend influence or assault neighbors. and whether tehran intends it or not, groups like hezbollah macie iran's atomic arsenal as a nuclear umbrella for more aggressive action against israel and others. mishandle brinksmanship or nuclear emboldened aggression may escalate deliberately or not to nuclear use. compounding this danger is a real risk that others in the middle east may decide to acquire their nuclear arsenals. kennedy proliferates including egypt, saudi arabia and from perhaps the nato ally most exposed. these countries could be motivated by their leaders desire