what happened in copenhagen. if we did a cloud analysis of discussions at taos this week i think that no doubt copenhagen it would appear in very large bold letters. in while some have very very strong views, most people who are still trying to figure out exactly what did happen in copenhagen and where we go from here, our topic this morning. this is by no means clear and there is by no means a consensus. those with a positive interpretation of copenhagen will most often cite the fact that the leaders in copenhagen going into copenhagen had to learn their briefs, nations develop consensus on the seriousness of this issue, it was the first international meeting based upon international consensus science, despite efforts of the climate downers and deniers the undermining of science and despite some unhappy and sloppy science and science writing, the evidence is unconscionable that the globe is warming and that man is largely responsible. there was consensus on a target that we should shoot to have no higher than a2

copenhagen, going into copenhagen, had to learn their brief, nations developed consensus on the seriousness of this issue, and it was the first international meeting based on the international consensus science, despite efforts of the climate doubters and deniers to undermine the science, and despite some of unhappy and sloppy science and science writing. the evidence is incontrovertible that the globe is warming and that man is largely responsible. there was consensus on the target, that we should shoot to have no higher than 82 degrees centigrade increase or 450 parts per million of carbon in the atmosphere, and should move toward a low-carbon economy by 2050 and the developed and developing world both make commitments, a breakthrough away from the stark line that had existed between and next one -- annex 1/non-annex 1 countries. that landed been very troublesome and and and is changing in very interesting ways. out of copenhagen, the developed countries agreed to a $10 billion package of assistance moving to a $100 bill it -- $100 billion package by the year 2050 -- 2020. that is the pos

we of the working groups and the copenhagen in agreement -- copenhagen agreement. it is a very important mechanism. we will be in contact in order to organize these meetings during the years. i will take suggestions about milestones. it is important for the success of the meeting. we will have special invitations. if you're planning to build electric vehicles, you are very welcome in mexico. what ever you need to establish your plan. there is a huge market and vision in the world. we are leading and are very competitive. contact me with that program. bamut mr. president, thank you. that is a good -- >> mr. president, thank you. that is a good answer. we have a lot of very constructive stuff. we're now at the promised time for questions from all of you. raise your hand and a microphone will come in your direction. stand up, introduce yourself, and as your question. -- and ask your question. >> i am from zimbabwe. >> who do you direct your question to? >> president of mexico. one of our challenges is a mentality where we address the global challenges in isolation and

we of the working groups and the copenhagen in agreement -- copenhagen agreement. it is a very important mechanism. we will be in contact in order to organize these meetings during the years. i will take suggestions about milestones. it is important for the success of the meeting. we will have special invitations. if you're planning to build electric vehicles, you are very welcome in mexico. what ever you need to establish your plan. there is a huge market and vision in the world. we are leading and are very competitive. contact me with that program. bamut mr. president, thank you. that is a good -- >> mr. president, thank you. that is a good answer. we have a lot of very constructive stuff. we're now at the promised time for questions from all of you. raise your hand and a microphone will come in your direction. stand up, introduce yourself, and as your question. -- and ask your question. >> i am from zimbabwe. >> who do you direct your question to? >> president of mexico. one of our challenges is a mentality where we address the global challenges in isolation and

bolivia was extraordinary in copenhagen. a small country that doesn't usually sort of make news in these international summits came to copenhagen with a really radical and transformed it set of demands and bolivia has been leading the charge on this idea that climate that can be an alternative to the way we deal with the climate crisis because it isn't just about seeing you are bad, you did bad things, this is the way the western press has been reporting on it. one of the things clear coming from the climate justice in copenhagen was the message that actually you can't put a dollar amount on the loss of land mass in bangladesh on the loss of glaciers and bolivia and the fact that the capitol city of bolivia is quite possibly going to be facing a severe water crisis, shortage of drinking water within the next 30 years or less. and this is because climate change. it is water comes from the glacier, the glaciers melt and loses its drinking water. how do you put a price on that? you can't and you shouldn't but we can talk about

. >> are arriving at the first big international conference since copenhagen. at a time when climate science and the climate panel, the ipp, had been mired in control the sea. -- controversy. >> this does not challenge the court projections of the ipcc, about greenhouse gas accumulations, rainfall, and at sea level rise. let me say that india has full confidence in the iccc process and its leadership and will support it in every way. [applause] >> while the imperative is to find a way forward from copenhagen, the controversies refused to die down. the report about the rate of the melting of glaciers has climate skeptics wondering, and this is the tip of the iceberg. the negotiation process has been difficult. >> it has been damaging. a serious mistake has been found in the ipcc report. two other mistakes has since been found to be incorrect. there were no mistakes there. this is more than 2000 scientists doing scientific analysis and bring that together in a report. one mistake is bad, but it needs to be seen in perspective. >> the man at the center of the stor

it is not a binding treaty but it gets to where we should have started the copenhagen talks. it is pointing us to a new treaty that is not the dysfunctional kyoto protocol. i think that is an important accomplishment of this administration. >> our two favorite citizens are being deported to china, the pandas. we need to start -- stand up for something important. we will see you next week. thank you for stopping by. this program abc and pbs stations and access stations and cable. stations and access stations and cable. to

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> welcome back to the "fast money halftime report." we were just talking to dan demeco ceo from nucor. >> i am short of steel. i'm rolling from one steel company to another depending on earnings. and right now, theirs are behind them so i'm short him. that was i have very interesting interview. you have to like a guy that plain spoken. all training is a study of people's propensity to do something. my propensity should be short of his company, after that interview, somewhat diminished. >> let's talk about the next trade today. it's the last day in february. it will give you only a few more hours to buy berkshire hathaway shares. gary, do you also feel that berkshire shares are, in fact, under valued and could be worth 150 bucks for every baby "b" share? >> melissa, you know where i come down o

. >> are rising to the first big international conference on climate change in copenhagen. at a time when climate science and the client panel has been mired in controversy. the indian prime minister said that mistakes may have been made but it was time to move on. >> this debate is not challenge the projections about the impact of greenhouse gas accumulations on temperatures than to the rise in sea level. india has full confidence in the process and its leadership. we will support it in every way that we can. >> the controversy refuses to die down. the serious mistake about the rate of melting has led it climate skeptics to ask is this is just the tip of the eyed bird -- of the iceberg. >> it has been damaging. two other mistakes which were found to be correct, there were no mistakes. these are scientists coming together in a 3000 page report. one mistake is bad but it needs to be -- >> the man at the center of the storm is undaunted. he says that there is a conspiracy to undermine him and to undermine the science behind global warming but it will not work. >> i don't thin

one of those decisions was a decision to take note of this copenhagen accord. and so as part of that decision, the accord itself will be published. and on the front page of the accord, there will be a list of all the parties who have said we want to be part of this. and so i think that that's something that will presumably happen reasonably soon, and i would expect that all of the major countries will be part of it at that point. >> can i just follow up briefly? but would there be a risk to the accord itself unless there is more clarity from these emerging economies? >> i think it's important that the major countries be part of it, but i -- again, i think that we have close to a hundred countries now. so i think that the accord is already kind of gathering steam. yes. >> if india and china, turn out -- don't associate themselves with it, is there any possibility that the u.s.would pull out, essentially? >> no. >> not at all? >> no. i mean, i think that the u.s.is -- we have put forward our own submission. it's consistent with what president obama announced back

reporter said today on the future of climate change policy after the copenhagen a court agreement. that document drafted in december stated that climate change is a great threat to the world and action should be taken to keep temperatures from rising to a degree celsius. this is 20 minutes. >> [inaudible conversations] >> the afternoon, we are pleased to have special envoy todd stern to give us the lay of the land on international from the negotiations, post copenhagen. as you know in late january the u.s. announced it submitted pledge to limit or reduce greenhouse gas emissions under the copenhagen accord. as a step toward an in a global effort to combat climate change. without in mind and will handle the podium over to todd stern it has 20 minutes to answer questions. >> hello everybody. please to be here today. i'm going to be brief on the topic and open it up for questions for you all. where we stand right now as you all know that copenhagen meeting and produce in the end a short document known as the copenhagen accord, we think a very important short but important document tha

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. what's going on? we ordered a gift online and we really need to do something with it... i'm just not sure what... what is it? oh just return it. returning gifts is easier than ever with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. plus i can pick it up for free. perfect because we have to get that outta this house. c'mon, it's not that... gahh, oh yeah that's gotta go... priority mail flat rate shipping starts at $4.95 only from the postal service. a simpler way to ship and return. >>> now for our question of the week. here is what i want to know. both george soros and simon schama talked about what president obama had done wrong. we've heard a lot of that lately. but they also made the point that president obama may fin

remember the international climate conference in copenhagen? well, it turns out that your lawmakers racked up quite a bill, during that trip. on their way to do business, and talk about climate change, how much did they spend, how often do you spend $2200 on a hotel room? you did? you paid for it. bill: remarkable story. martha: you paid for it. 2200 and there are 38 staffers and you need 38 staffers, too and we'll talk -- >> five night minimum, who books that way! anyway, that is coming up, and a question, are americans trying to put more in savings in one in ten workers are out of work and the president proposing record deficit spending and during the break log onto foxnews.com and click on the "you decide" link and tell us if you are trying to put more money into savings these days. martha: good idea. bill: the mccallum household is, would i be right. martha: right, tightening the belt. foxnews.com, log on and tell us what you think, we'll be right back. martha: the ep a says new proposed smog rules, would save your life and save about $100

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copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> even on a down day, do you know what time it's for? for "the lightning round." here we take call, you say the name of a stock and i tell you whether to buy, buy, buy or sell, sell, sell. >> i don't know the callers ahead of time. when you hear this, the lightning round is over. are you ready, ski-daddy? andrew in new york. >> caller: boo-yah kram erk how you doing? >> i'm doing fine. how about sglou. >> caller: not too bad. your boys at goldman upgraded mcdonald's. my question is what about burger king? they beat the street today. if they have days like these, we're all going to be beat ooeting at burger king? >> well, i have to say svelte, but i hear you. mcdonald's wasn't an upgrade. it was a move to the conviction buy. it caused the stock to go up $1 and the stuck gave up a buck. i prefer

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. >>> now tonight's first quick comment between john mccain's self-contradiction and john luntz' position, just lie, which we'll talk about in a moment. say anything, because they believe the republicans to whom they are talking are literally so stupid they'll believe anything. michelle bachman who has mentally not been on this planet for three years, told a small gathering this terrible secret, some guy stopped her and told her he use ed to live in japan. in japan, people have stopped voicing their opinion on health care, because they know they would get on a list, and then they wouldn't get health care, they wouldn't get in, they wouldn't get seen. people are afraid to speak back to government, they're afraid to say anything. is that what we want for our future, that takes us to ganster government at t

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> by the way, there might be a double standard here, but maybe not because a girl on girl kiss was rejected by a network for the 2003 super bowl. it was a met life ad that ended with two girls kissing each other. they do have standards not just relating to gays and you agree they have the right to have the standards? >> yes. >> larry: is donnie right, though, that this commercial, they get more attention not being accepted? >> look, as i was saying to dominic off the air, whether or not it was intended, it was a stroke of genius. i recited to dominic the motto of his gay dating service. that's how effective that ad is. >> is there an announcement you would like to make here? is that what you're getting at? >> larry: you will admit, dominic, you're getting a lot of play. >> we are, and we are g

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copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> the sad day has arrived. the once small and hairless panda endearingly nicknamed butterstick has left his american home for china. tai shan was born at the national zoo in washington in 2005. he quickly rose to international fame thanks to the zoo's awesome panda cam which allowed millions to follow his every adorable, furry move online. but as the calendar days passed by, so did tai shan's time in the u.s. for as much as americans loved the panda he belonged to china as part of an agreement that brought his parents to the u.s. ten years ago. so after a lengthy good-bye that even included two tai shan fans getting engaged at his going-away party -- she said yes -- tai shan left early this afternoon aboard a fedex plane bound for china. his trainers have spent weeks training him to enter a sp

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copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> sometimes i wonder if rush doesn't just spin a giant wheel of hate every morning to come up with whatever he's going to get the faithful all worked up about. mexicans, rrrrr. socialism, rrrr! van jones. i don't know who he is, but rrrrr! >> larry: that's, of course, from a previous realtime with bill maher. it debuts friday night, february 19, and they repeat it 1132 times. if you missed it you see it 6:00 a.m. thursday morning, 4:00 tuesday afternoon. it's a great show. i had a wonderful time guesting on it. >> people are still talking about it. >> larry: it was a great moment. what do you make of haiti? you got to be sad about that. >> of course. who isn't sad about haiti? yes, and, you know, i was happy to give money to my friend richard dawkins started a fund for non-believers. people sa

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we of the working groups and the copenhagen in agreement -- copenhagen agreement. it is a very important mechanism. we will be in contact in order to organize these meetings during the years. i will take suggestions about milestones. it is important for the success of the meeting. of the meeting. we will have special -- you are planning to build electric vehicles and you would be very welcome in mexico. there are markets in the region and the world where we are leading the process. we are very competitive. you can come to me with that problem. >>çó that is a good answer to te question asked. that gets us a long this is constructive. we are now at the promised time for questions from all of you. if you could raise your hand, please stand up and introduce yourself and ask your question. do not give an advertisement for institution. >> item from zimbabwe. don't you think -- who would to oß])dçyvo>>Ñi 'a Ñichallenge is in isolation? we deal with climate change. we need to address these matters matters in a political manner. because some nations are more concerned

as for copenhagen, that is a very good question. most of the water people, i did not go to hope copenhagen, most people i talked to were quite upset that copenhagen did not really deal front and center with the water question. and for some reason, i don't know if they just are not connecting the dots or whether it was just the fact that you have mobs of people kind of disorganized in a semi- chaotic situation trying to figure out, produce something coherent that the issues like water didn't get on the table although if there is anybody here who was there maybe they can offer a more informed opinion than that, but it is i think a sad commentary on the state both of the climate change debate and the water awareness issue that really has not been coherently needed into that climate change debate. >> you have talked about one of us loose and are one possible part of the solution is the market-based solutions and another big piece that would seem that the water issue is not so much a supply issue but also connected a little bit with the

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we saw copenhagen, for instance, the reaction on taiwan was really outsized. the way they're dealing with the google issue i think is deeply, deeply troubling. and so i think we really do need to look at our policies and hopefully push the chinese in a better direction. and i think we really need to change what we're doing at this point. >> brown: susan shirk, what do you think about u.s. policy? is it a question of managing these differences, somethat that is doable or do we need a more aggressive stance of our own? >> well, i think the obama administration approach has been consistent with what every administration starting with nixon has done, which is to try to find a basis for cooperating with china while maintaining our own national strength. and i don't see, really, any significant differences in the obama administration approach. and i think that we need to keep a calm hand on the tiller, not overreact to chinese rhetoric with rhetoric of our own and just basically continue the efforts to try to work together with them. but i do agree with gordon that

did they hide the information from you until copenhagen was over? the head of the ipcc says "absolutely not." but is it possible they were suddenly tipping their hand? remember the timing here, the ipcc knew of the bad sourcing in november but did not say anything. and now an article from the new york times quoting the ipcc on november 26 of climate gate "we rely entirely on peer reviewed literature in carrying out the assessment." that was from "new york times" and on the website but on their website, the ipcc web state, a statement dated eight days after "new york times" reports on that with a word change "the ipcc relies mainly on peer reviewed literature this carrying out an assessment." so not entirely on their website and now just mainly. that is big. 418-word statement and only one word is different. al gore states his entire case on "peer review." i asked, what do they know that you and i don't know? fast forward to this week. the u.k. telegraph reports on two more newly discovered sourcing stories claiming of melting ice in the alps and afr

first of all, the chinese behavior towards the united states, they killed the copenhagen agreement by themselves, refused to allow, for example, any discussion of emissions standards, even voluntary from the states and showed a lot of symbolic disdain diplomatically toward the united states you would not see from china. we've seen assertiveness from china on currency, trade, cybersecurity, google, on taiwan, dalai lama. we knew about taiwan and the dalai lama that we knew about for months. that's the first thing. the second thing is the united states is going to politicize this relationship from the bottom up. the fact is that you have 10% unemployment in this country. you have 10% growth in china. those two things do not play well together. so there's a consequence the obama administration is going to be forced to take a tougher line. simply because you're going to hear from congress, you're going to hear it from labor in the united states. >> right. david, do you think there is anything different today than there was, say, for example, a year ago, or even two years ago in terms of t

let me talk about the copenhagen conference. china made its position known and india, brazil and south africa all made their position known beforehand taking into consideration the necessity of maintaining sustainable development in their own countries while contributing to the efforts against the climate change. yes, there is this basic couldn'try mechanism, on the other hand, chinañr has solicit the opinion of many other country, developed and developing ones. there's also the seven plus one structure. it's not just the basic countries who are more or less on the same wavelength. for many other countries who have complimented china's efforts.ÑiÑi that's why we need to make concerted efforts to make the next conference, the mexico conference, a bigger success. on the other hand, the conference has achieved something because it has reaffirmed unfcc and the kyoto protocol as the mainñr framewor for dealing with climate change because it has recognized we have to continue to work on a two-track way, according to the road map.

you go to copenhagen, some here may have been in copenhagen very recently, i very carefully checked into how they were dealing with their complex transportation system, and that roughly 2 million metropolitan area, they have about half a million coming in by bicycles than half a million by cars, and half a million by bus and subway. the bus and light rail system. there are ways that their systems were very well. >> let me just say, when i was in detroit on this trip, what congresswoman kilpatrick, we had a meeting with stakeholders. they wanted this idea of creating more options with transit and bus. we're going to work -- they just elected a new mayor there. again, what -- our livable community would fit in with these kinds of things that they are talking about there. >> thank you, mr. secretary. >> thank you very much, mr. chairman. one issue that has come before us -- the situation with toyota. i am curious as to what -- if you could tell us what the department is doing, are they equipped to investigate and find out what happened? is there a computer problem or do we know exactly? >>

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. >> the administration has had a little time to take stock of copenhagen. there are many people who areñr saying that it's not the appropriate forum to reach international agreement. you had much -- >> what is not the appropriate forum? >> the unfccc, and perhaps that there are other forums that are better -- that are better for reaching an agreement for the large emitters like mef. what are your thoughts on that and -- yeah, what are your thoughts on that? >> well, i'm hoping to get todd stern to pay a visit here in the briefing room in the coming days to be able to talk a little further about copenhagen. obviously, we've passed the deadline of january 31. a large number of countries, including the united states, have committed to the copenhagen accord. we obviously supported and worked very hard with the secretary, with the president in copenhagen in late december to reach this agreement. clearly, there's still work to be done. there's work to be done domestically in terms of our own legislation that enshrines the 17 percent pledge that the united states

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> welcome to "worldwide exchange." the headlines making news today, in the united states, investors will search for clues about friday's jobs report in today's data on private sector barrel. >> here in europe, the euro is rising on better than expected pmi data. but sterling is falling after uk figures were worse than forecast. >> and here in a issue ya, toyota continues to reel from falling sales and complaints while honda has its best quarter in 1 1/2 years. >> you're watching cnbc's "worldwide exchange." we saw pmi come in better than expected earlier on. euro zone december retail sales, flat on the month. 0.0% minus 1.6% on the year. that is weaker than expected. we thought they would rise 0.4% on the month, minus 2.4% on the year. november retail sales revised to minus 0.5% on the month.

copenhagen. come on! that's pretty far.

a lot has been said about what wasn't accomplished copenhagen but the fact is all of the parties that went there you it wasn't going to be, nor was there an expectation of a final treaty or agreement. what was accomplished hasn't received the attention that it deserves. the copenhagen accord united the world's foremost in a terse and most of the rest of the nation's behind an unprecedented new commitment to reduce emissions and report on their progress and for the first time nations agreed to financing target's. we are able to convince others to take action in large part because we made commitments ourselves. president obama told the world, quote, i confident america will fulfil the commitments we made cutting emissions at a range of 17% by 2020 by more than 80% by 2015 in line with final legislation. we charge of our workforce and have made our commitments and we will do what we say. those are the words of the president. as a country we put our credibility of a line, and i look forward to working with members of this committee and others as we are now with senator gramm, senator lieb

. >> you are talking about copenhagen that actually started today, the copenhagen summit and this is sort of a global get together on what to do. talking to people who go to these types of the fence a lot, i don't think no proposed globaled regulation or anything is going to come out of that or even proposed global coordination for national regulation is going to come on but to answer your specific question, what with a global policy and carbon emissions do? he would break apart the u.s. business coalition for the screen now gas quds because some businesses, like caterpillar which manufactures in the u.s., if-- we already have the environmental regulation so keep it carbon regulations on top and carbon regulations on china than all of a sudden you could actually make the field more level between u.s. manufacturers and foreign manufacturers but then the others, the nike's the elko of's bajis wants-maxie see some of the domestic manufacturers who supported cap-and-trade on global warming say we supported assuming we are then going to lobby china and india to restrain their emissions bu

first of all, the chinese behavior towards the united states, they killed the copenhagen agreement by themselves, refused to allow, for example, any discussion of emissions standards, even voluntary from the states and showed a lot of symbolic disdain diplomatically toward the united states you would not see from china. we've seen assertiveness from china on currency, trade, cybersecurity, google, on taiwan, dalai lama. we knew about taiwan and the dalai lama that we knew about for months. that's the first thing. the second thing is the united states is going to politicize this relationship from the bottom up. the fact is that you have 10% unemployment in this country. you have 10% growth in china. those two things do not play well together. so there's a consequence the obama administration is going to be forced to take a tougher line. you're going to hear it in congress, the media, from labor in the united states. >> do you think there's anything different today than there was say for example a year ago or even two years ago in terms of the u.s.' position towards china. >> i think th

i mean, copenhagen they did nothing. it was a joke almost. was that serious? what about the west? >> okay. >> china becomes a stakeholder in lots of these things. >> and/or can't johnny, principal of tenafly principle. so one behalf of our school, i wanted to thank you doris and john for being with us and taking time. [applause] >> we are here at this year's cpac top and stocking with marji ross president of publishing. can you tell us what is the latest in her series of politically incorrect guide? >> sure, this is a series that we launched about four years ago. and it was based on the idea that people have a sense in the conservative movement that they're not really getting the facts, the information, the history on a lot of subjects, whether it's in school or from the mainstream media. and our goal was to buffer some myths and to try to tell the real story without worrying about political correctness. we started with the politically incorrect guide to american history, which was a big seller. and we now have 20 books in the series. the most recent one is just out called the pol

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. but in business, only two matter: red and black. red, well, no one wants that. black on the other hand, has strength. black is always in style. it's what business looks best in. black is where growth and success happen, and it's easier to get there and stay there in ontario, canada, especially with our competitive tax rate. ♪ ontario, canada - the world works here. >>> it is time for a commodities corner. gold down nearly a percent over the past week. traders going to be watching ben bernanke closely today for gold and everything else. for more on that, the chief currency strategist joins us at cmc markets. always good to see you. >> hi, erin. how are you? >> so let's talk about gold. you think gold is going to go down and i warn you a lot of our viewers will be very angry when you make this c

arm sales to taiwan, opposing a climate change deal in copenhagen, launching cyber attacks, protesting president obama's planned meeting with dalai lama. blocking tv coverage of the president's town hall there last november. and yes, even though they had every right to do it, reclaiming those beloved pandas. but for all its clout and increasing willingness to throw its weight around, china has its problems. remember all that toxic tooth paste, theead paint in toys, the lack of regulation that cost the lives of thousands of children in the 2008 earthquake. many because of shoddy school construction leading t protests. >> people are going to be demanding more things. they haven't been through the women's revolution, consumer revolution, internet revolution fully. they are going to have water problems. they may have their own financial bubble right now. >> reporter: experts say eventually china will have to grant more freedom to its people if it wants to take its place as a true world power. andrea mitchell, nbc news, washington. >>> now to a story we are watching closely overseas right n

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> back to "squawk on the street." we want to highlight what's happening in latin american markets because they're getting hit particularly hard this morning. brazil is off by more than 3%. we focus on it the most in latin america because there has been such incredible growth. not far behind mexico is lower by roughly 1% as well. this comes on the heels of a big sell off throughout the region yesterday. so they are far more to the down side than we are here in the united states. erin, mark, back to you. >> actually, matt nesto here. we are tracking big movers today. check out the small cap named kelly services up 10% here today. the company coming out with a surprise upside on better than expected revenue. take a look at the scientific laboratory maker, pki one of the top three gainers in the s

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copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> it's been exactly three weeks since the catastrophe in haiti. haiti's government, such as it is, says at least 200,000 were killed in the quake, though, frankly, their numbers, they don't have any idea. while aid is pouring in, rebuild from the rubble is going to take years. the quake has shattered lives in the united states as well. the east flat bush section here in new york is one of the largest hatian-american communities in the united states. >> reporter: in this haungs-american community in new york, the aftershocks of the earthquake are still being felt. there continue to be vigils for the dead, and money and supplies are still raised for the living. at radio soleil, the earthquake and its aftermath are all they talk about. in terms of the impact, i think a lot of americans don't unde

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there is an article today that said would have been copenhagen was a failure of the win system. whether they did not run the conference in the wrong way to get 192 countries to consent. it needs a lot of work. we have a fabulous ambassador there now. and dr. rice said she sees a different feeling about the u.s. because we are listening instead of lecturing, john bolton was a disaster as far as the u.n. is concerned. it is so nice not to be secretary of state anymore because i can say all of these things. [laughter] >> i am not on assignment so i can say certain things but it attracted my attention in your book, the message, about:prowl who i met personally saying it is not a matter of survival but to leadership. i don't know what's your opinion is, but don't you think as far as the u.n., which used to be the strongest come and now missing leadership with other countries like syria and saying it does not scare us any more? >> where are you from? >> i do have a french background. but the leadership is not strong anymore. but diplomacy and talk and talk and sing shin instead of act

copenhagen. come on! that's pretty far. doc, look who's in town. ellen! copenhagen? cool, right? vacation. but still seeing patients. oh. [ whispering ] workaholic. i heard that. she said it. i... [ female announcer ] the new office. see it. live it. share it. on the human network. cisco. >>> we have new developments in the case of michael jackson's doctor conrad murray. he was expected to give himself up to authorities by now, but negotiations have broken down and he's still a free man. joining us is beth karas from trutv. she broke this story. good morning. thanks for being here to talk more about it. what happened basically? >> well, he was supposed to surrender this morning, and up until the even of business yesterday in california they were negotiating the terms of that surrender. the district attorney holds all the cards in this case because there isn't any judge involved yet. until the complaint is filed, the d.a. basically can make the decisions, but the defense doesn't have to agree. so things broke down. there's not going to be a surrender. there's not even going to be