in india. we have a situation where if you take these four factors from a development perspective, what we are using intensively, we are running out of it. what we do not use intensively, we have abundant amounts of it. important governance and land are becoming sources of corruption and the problem. here is a chart that people have been using a lot. looking at power losses in india, which is a kind of metaphor or proxy for not just what is wrong with the power sector in india, but governance more broadly -- this is a measure of transmission losses as a percentage of output, and india is way above any emerging market country. india is five or six times as inefficient and corrupt or weekly government in power then china is or even brazil and south africa. this is in a way in metaphor for the governance problems. one can summarize the challenge in terms of two themes -- we have fiscal populism. the notion that we need to give away goodies and freebies in the form of subsidies. we have oil subsidi

and in a country like india, those are equally true in a country like india. while i am a complete the leader in the need for policy reform, policy is also an endorsement, pelosi is also an investment and the leah think it happens is democratic politics have to make policy reform popular and positive, and i think to some extent it is happening in some parts of india. so, i take the view that just as it says governments, i think politics ought to put it differently. the degree of the maneuver for the leaders in india to kind of unilaterally from the top down institute is create outsiders might think and that is an understanding that people will have to have about a country like india or even now with china much more top-down centralized. even china is not subject to increasing public opinion and so on. i think it is a complicated business policy reform or at least it's as complicated and in the acid is in the united states >> there are countries in which the growth slows substantially. it seems to be associated with episodes of policy change, and the question f

john robinson famously said of india everything and its opposite is true about india. but every sanskrit word also represents a god and a position in sexual intercourse. so that, in some ways, is what i think about india. [laughter] it is both itself and not itself. thank you very much. [applause] >> thank you very much, orr vind. -- arvind, i knew you would deliver a provocative, wide-ranging talk, and i'm sure there are going to be tons of questions that i'm sure you will have answers to. i'm just reminded after your last few comments about whether the glass is half full or half empty of the way -- [inaudible] who used to be ambassador in pakistan for the united kingdom, high commissioner, once described. he was talking about pakistan. when we were discussing the future of the country, he said it's not a question of whether the glass is half full or half empty, the question -- and he used his engineering background -- he said, the question is whether the glass is too big. >> right. >> and so i'm wonder willing the glass in india is growing too fast to keep up with. >

like india. so while i do, i'm a complete believer in the need for policy reform, i think just as you said governance is androgenous. and i think the way it happens, you know, democratic politics has to make policy reform electorally popular and positive. and i think, you know, to some extent it's happening in some parts of india, to some extent it's not happening. so i take the view that, you know, just as you said governance is androgenous, i think politics -- or to put it differently, the degree of maneuver or the degree of maneuver for, you know, leaders in india to kind of unilaterally and kind of just from top-down institute policy reform is not as great as, you know, outsiders might think. and that's, i think, the understanding that people will have to have about a country like india, or even like china, you know? much as it's more top-down, centralized decision making, even china's now subject increasingly to public opinion and so on. so i think it really is a complicated business policy

in india. the medium-term challenge is actually what -- one can summarize it in terms of two themes. fiscal pop ulimp with the nation that over the last five or ten years we need to give away goodies and freebies in the form of subsidies. oil sub days, food subsidies, power subsidies, and they last seven or eight years and the government induced a scheme, so the notion that fiscal pop ulimp is an electoral vote winner in india is kind of -- has a lot of whole attraction in india and that contributing to the macroeconomic challenges in india. what is also happening from a growth point of view, we moved from 'one of india's great statesmen, man called -- he said india was a -- he did not like the model but i think now some of those things have come down. we have been called a rent -- i said in a piece there are three kinds of rents, spectrum, allocation, disaster, a big source of corruption, the biggest scandal was rent. terese treal land. the allocation of land is a big source of corruption and

. >> a part of india that is not well known. also, one of the less developed parts of india, as i understand it. >> that is right, george. one thing that can illustrate how underdeveloped this is, they are used to massive power cuts. the one thing everyone is worried about that maybe there will not be power when the match is televised live. that is the pressing worry here. it's in the northeast. there has been a violence urgency here for many years. drug trafficking is a major problem. you really get a sense of the odds mary kom has had to fight. many people are hoping that by winning her medal -- she has already won a bronze medal. they are hoping that the rest of the world will pay more attention and possibly put in some more resources here. that is what is desperately needed. >> the very fact that we are talking about mary kom -- there's another question. why aren't there more mary koms out there? india is punching well below its weight. >> that is right. three medals until now. once that happens, it will be the best ever per

politically india isn't in good shape. and it's a reason one would want to be bearish on the economy, because the businesses aren't able to get power. >> so how does this look from a foreign trade perspective. >> they have their own power generators. it doesn't really hurt them. but it hurts the smaller companies and x*erpt prizes in india, because they rely on the jbl state of the power grid, and it hurts them. and hurts confidence in the indian economy. right now india need strong reform to get capital and money flowing back into the economy. and this is one of the thing that is india has going wrong for it right now. >> tom: the lack of generators for small companies. that's a short term solution, but the confidence is the long term concern out there. >> how do you approach it from a long term investment perspective? >> we at eaton vance have a long position in the indian ruepy for a long time, and we've played with it, and reduceed it somewhat and added a little bit, but by in large we want to always keep something the

a day of no electricity for india. why the problem could continue even when all the power comes back. >> and from occupy wall street to the big bank fees. how smaller banks are benefitting as we continue our series looking at regionsal banks. >> susie: that and more tonight on nbr. >> tom: worries about the consumers appetite to spend rose today. we're worried about saving more money so we're not spending it. it was changed again, the second month of no growth. less spending and disappointing profits for coach. is this a summer slowdown or something more serious? erika miller reports. >> reporter: what do coach customers like more than the handbags and accessories. discounts on those items, as much as 30% off at the company's outlet store. coach is going to bring back coupeons in june after eliminating them earlier. >> discounts were needed to get the traffic which was down, and they had trouble converting and getting people to buy once they were in the store. >> the question is why are sales slowing. is the brand losi

india is moving in that direction. they're in the transitional period where it's neither a market system that functions in response to demands nor directed system which is compelling things to happen. that's true in china but not in india. when it breaks down in india, we see it very clearly. >> woodruff: what's known to be the immediate cause of this? is there something that triggered what happened yesterday and then today? >> as the report said i think what happened was because the monsoons have almost failed 20% efficiency of rainfall so supply has come down because the water tables have dropped. hydro power is just 20%. in the face of this declining supply and demand growing, what happened was that some states especially the agricultural states like punjab started overdrawing on the grid. and the grid was not equipped to handle that. so that tripped some line somewhere. then that cascaded backwards creating this big blow out. >> woodruff: some of this, as i was reading today, has to do with the states drawing more

chemical leave india leave india on top of that we have asked for compensation for the victims who are suffering. it's our mission to fight for people who are weak people who cannot fight for themselves or even know how. this is all union carbide should bear these expenses because in the coming ten to fifteen years people will keep getting affected due to the growing water contamination and will be more prone to cancers like diseases given audios. we are fighting for our society we are fighting for our country we are fighting for bhopal gas victims. it's only by virtue of the fact that this outfit if it indeed. is even able to exist. has come out this year a fresh known bailable warrant has been issued for foreign anderson. and if the government fails to wake up and help then we are committed to fight for the next twenty seven years against the nexus between the company and the government the process could change dramatically if the indian government or the interests of justice has the court think that someone something the government the man they're not they don't have the authority t

bring i'm dissing to india bring them here dow chemical leave india leave india on top of that we have asked for compensation for the victims who are suffering. and it's our mission to fight for people who are weak people who cannot fight for themselves or even know how. union carbide should bear these expenses because in the coming ten to fifteen years people will keep getting affected due to the growing contamination and will be more prone to cancers like diseases given audios madea's we are fighting for our society we are fighting for our country we are fighting for gas victims. it's only by virtue of the fact of the south would. be. able to. come. out this year a fresh known bailable warrant has been issued for anderson. and if the government fails to wake up and help then we are committed to fight the next twenty seven years against the nexus between the company and the government the process could change dramatically if you don't want it to reduce this traffic it's going to somebody in the building that may be i'm not and they don't have to be afforded to salvage. what they have.

even within india. we have a large number of [inaudible] which [inaudible] well below the national level. people are large [inaudible] independent country would be one of the large nest the world. and the -- it has begun to grow 7 percent. beyond all redemption 11 percent. this has been going at 10%. india has a modest problem. the biggest problem is in the -- which is back ward. it's one decade in 10%. [inaudible] a possibility of india is backwards state with [inaudible] catching up with the existing that is a huge growth potential. i believe for these reasons india's perspective are somewhat better than what he said. logistics 5 to 6. if that's what the "the wall street journal" thinks i think they are better than that. [applause] thanks very much. we have time for questions. so if you have a question, raise your hand and wait for the microphone and identify yourself and who you are asking the question to. [inaudible] , all over the place and [inaudible] have you been to egypt and what do you see for

chemical leave india leave india on top of that we have asked for compensation for the victims who are suffering. and it's our mission to fight for people who are weak people who cannot fight for themselves or even know how. this is all union carbide should bear these expenses because in the coming ten to fifteen years people will keep getting affected due to the growing to water contamination and will be more prone to cancers like diseases given audios madea's we are fighting for our society we are fighting for our country we are fighting for bhopal gas victims. it's only by virtue of the fact that this outfit if it indeed. able to exist. has come out this year a fresh known bailable warrant has been issued for foreign anderson. and if the government fails to wake up and help then we are committed to fight the next twenty seven years against the nexus between the company and the government the process could change dramatically if the indian government had to reverse this and have the courts examined something the government the many of them not they don't have the authority to someone

bring anderson to india bring them here dow chemical leave india leave india on top of that we have asked for compensation for the victims who are suffering and. it's our mission to fight for people who are weak people who cannot fight for themselves or even know how. union carbide should bear these expenses because in the coming ten to fifteen years people will keep getting affected due to the growing water contamination and will be more prone to cancers like diseases and give a lot of. money if we are fighting for our society we are fighting for our country we are fighting for gas victims. it's only by virtue of the fact that this afternoon if it indeed. able to exist. that's come. out of this year a fresh known bailable warrant has been issued for anderson. and if the government fails to wake up and help then we are committed to fight the next twenty seven years against the nexus between the company and the government the process could change dramatically if you don't want it to be states after all it's not going to somebody from the government i made them not and they don't have the a

now, how is india responding? i think india's not responding very well, you know? a number of things, you know, subsidies, you know, wasteful water use, you know, all the fuel subsidies means that, you know, means that we use more diesel to generate power as opposed to hydro and other things which means much more environmental pollution. the kerosene subsidy in india we've got this black carbon phenomenon which is, you know, it's not the co2, but an additional layer of complication that's causing warming. so india's not responding very well. and the standard explanation or excuse would be that, you know, we're still a poor country, we need energy, we can't do all these things at this stage of development. which is only partly true because there are also lots of things being done which don't mean to be done. my next book is on climate change, my colleague and i, a kind of new model of cooperation between developing industrial countries. i think what is a glimmer of hope in india is exactly this recognition that, you know, there's a china issue with water, and, you k

into the mogel time in india this come from hindu and western cultures brought together. when the mogels came from persia to north india they saw the story telling and thought it was a beautiful art form. they were not engaged with the story but saw the beauty in the footwork and hand movement. they brought the dancers into their courts. they were a form of entertainment. so, i want you to put your imagination caps on. we will go from the forest into a beautiful mogel palace. there are velvet carpets and peacocks walking around. there are beautiful paintings and everyone all of you, the audience have come to enjoy the court and the king sits on his thrown in the corner twirling his mustache and he called for his dancers and they come to the room. you are here to be entertained by them. this is called taught. taught is a highly stylized tuning of the mind and body together. you will see very fast turns ending in sharp stances and things with our eyes and eye brows and our neck, our hands. and you will also hear a language, which you might have heard. this is the language o

india sees this as a big chance to enhance its role in the regional economy. >> i would say india will be the market for myanmar. and the second step is when the doors open, when indian/myanmar is connected it will be like layers of other economies. so it would be a big boom. >> what about china? >> western nation impose sanctions on myanmar. china was myanmar's main economical ally during this administration. but democrat exchange, myanmar's leader seemed to reviewing this partnership. they are now aiming for more bargains in terms of foreign assistance. one good example seeing last september, myanmar's announced a freeze on construction of a dam to supply hydraulic power. the project was supposed to be built with the help of china, which is hungry for electricity. but critics say the dam would harm the environment while providing fuel to local people. the freeze was seen as a china is losing influence in myanmar. her countries want to diversify its relation with other nations. >> we have very good relations with china. as i keep saying, we can't move away simply because we don't get

>>> coming up, clinics in india pay poor women a lot of money to be surrogate mothers, but it's a bargain for the clients, who are often foreigners. >>> and mormon leaders addressing what they see as a growing problem -- too many sings. major funding is provided by the lilly endowment. dedicated to its founders and interested in community development and education. additional funding also provided by mutual of america. designing customized individual and group retirement products. that's why we're your retirement company. the tate of william j. carter. the james henson foundation and the corporation for public broadcasting. >>> welcome, i'm kim lawton, sitting in for bob abernethy. thank you for joining us. campaign 2012 heated up this week after governor mitt romney selected wisconsin representative paul ryan as his running mate. ryan is a roman catholic, and with vice president joe biden on the democratic side, this is the first time that both parties have catholics on the ticket. ryan agrees with his church's opposition to abortion and gay marriage, but he has generated debate in some

chemical leave india leave india on top of that we have asked for compensation for the victims who are suffering. it's our mission to fight for people who are weak people who cannot fight for themselves or even know how. this is all union carbide should bear these expenses because in the coming ten to fifteen years people will keep getting affected due to the growing to water contamination and will be more prone to cancers like diseases given audios. we are fighting for our society we are fighting for our country we are fighting for gas victims. its only by virtue of the fact that this outfit. is even able to exist the day has come out this year a fresh known bailable warrant has been issued for foreign anderson. and if the government fails to wake up and help then we are committed to fight the next twenty seven years against the nexus between the company and the government the process could change dramatically if the indian government if you're interested has the kind of stuff that is understandable in the man who they are not they don't have the authority to sell what they could thin

what is happening in india is reforms in india or serious reforms. the indian economy has been doing well because of a growth beginning growth dynamic because in india some growth for 15 or 20 years becomes a very attractive place. my favorite examples is if you at elementary schools in india teacher absenteeism is 50%. teaches don't show up in elementary schools in india but what happened in the last ten years? because of growth the demand has driven rapidly, private schools leaders know not the best solution necessarily but in fact exactly in those states where public information system is most dysfunctional we see the most rapid rise of private schools and that is a response to growth itself. independent reforms and growth begets reform. and i think finally what i really think is the promise of india is twofold. combination of the dynamic of competition between states. take power for example. some states are doing very well. that creates the demonstration effect and capital and labor move in a way that puts pressure on other states within india. i

india. today we are sharing an form. we are members of the dance company based here in san francisco and we are taught by somebody who has been doing this art form for over 50 years much the ladies including myself we have been studying with him for a long time. you will see different things. lots of sounds with our feet. a little bit of story telling through mime and expression and you will learn about math in dance. who would have thought. today we will start, our next piece means the coloring of the stage. dancers show the hindu aspect of the dance by using the positions of our hands we will show you we are decorating the stage and make a water picture and cleaning the stage with the water. plucking flowers and decorating the stage with the petals of the flowers. we will awaken the 5 senses through the blowing of a conch shell. we will demonstrate the 3 duty, creator, producer and the destroyer in order to make way for new creation. [music] [applause] good morning. afternoon, actually. so

so those possibilities is immense so with much of india i do be the four these reasons india is perfect the fed is of a "wall street journal" thinks. [inaudible] [applause] >> we now have time for questions. please raise your hand. but. >> you have been all over the place with a good crystal ball. what about egypt? and back to those from the party in india, where do people go now? [laughter] >> with all humility it is a country we were warming up to. part baby guess i remember in 2009 by would go to a conference and they would be there and met mubarak in 2009. so much about the end of the free-market and capitalism because of the financial crisis. i said will the world turned its back? that was the fear. he said it added great time that struck me. he said, the problem is not more regulation but better regulation. and we still remember socialism and the bad experience. there is no turning back. last few years of mubarak they started to open the economy again. they did shut themselves down thinking they would get better. obviously because of the political change but egypt has a chance. sp

>>> coming up, clinics in india pay poor women a lot of money to be surrogate mothers, but it's a bargain for the clients, who are often foreigners. >>> and mormon leaders addressing what they see as a growing problem -- too many singles. major funding is provided by the lilly endowment. dedicated to its founders and interested in community development and education. additional fuing also provided by mutual of america. designing customized individual and group retirement products. that's why we're your retirement company. the estate of william j. carter. the james henson foundation and the corporation for public broadcasting. >>> welcome, i'm kim lawton, sitting in for bob abernethy. thank you for joining us. campaign 2012 heated up this week after governor mitt romney selected wisconsin representative paul ryan as his running mate. ryan is a roman catholic, and with vice president joe biden on the democratic side, this is the first time that both parties have catholics on the ticket. ryan agrees with his church's opposition to abortion and gay marriage, but he has generated debate in som

chemical leave india leave india on top of that we have asked for compensation for the victims who are suffering. and it's our mission to fight for people who are weak people who cannot fight for themselves or even know how. this is all union carbide should bear these expenses because in the coming ten to fifteen years people will keep getting affected due to the growing water contamination and will be more prone to cancers like diseases given audios madea's we are fighting for our society we are fighting for our country we are fighting for bhopal gas victims. it's only by virtue of the fact that this outfit if it indeed. is even able to exist. has come out this year a fresh known bailable warrant has been issued for foreign anderson. and if the government fails to wake up and help then we are committed to fight for the next twenty seven years against the nexus between the company and the government the process could change dramatically if the indian government it's very interesting and has the court think that it's up to something that will benefit the men were there not they don't ha

is winning any positive role between india and china and the friendship and our friendship with china is much more important than it would be nice is with us now who this is a declining. power i think this is a. us that if you can be. together they can be a big power who can. challenge their supporters. at some other bizarre pub in kumar is proud of how big he's grown his family's business which he believes wouldn't have been possible without importing from his chinese friends. business is in my blood so i started a business. in board when they. were very chilly here i started buying these i don't i'm selling these are the. entrepreneurs like puff and are finding that joining forces with china is proving to be an unstoppable formula for success preassure either r t new delhi india the white house is exploring whether to issue an executive order to protect the nation's critical computer infrastructure fall and congress' failure to lead this month and in a few minutes we'll talk to apple co-founder steve wozniak who says freedom on the web might soon be saying all the polls. free speech

us that if india. come together they can be a big problem who can. challenge their supporters. at some other bizarre pub in kumar is proud of how big he's grown his family's business which he believes wouldn't have been possible without importing from his chinese friends so our business is in my blood so i started a business so today i am in board everything when they were there in june here i started buying these are done and selling these are the. entrepreneurs like pavane are finding that joining forces with china is proving to be an unstoppable formula for success preassure either party new delhi india. the white house is exploring whether to issue an executive order to protect the nation's critical computer infrastructure following congress' failure to act earlier this month and in an hour's time we talk to apple co-founder steve wozniak who says freedom on the web might soon be a thing of the past. free speech is not absolute in my mind it's a very important right it has to go through considerations of did you violate it in ways that might be somebody else i think the int

india has its own world culture. if you saw in getting the se opportunity in india and any other country, new york, germany, then i'll go anywhere else. i would loveo ayn my own country, my own family. >> india's large youthful population still means there are thousands who might consider loti to europe, but for most, germany and the career opportunities it offers are virtually unknown. indians know more about united states, britain, singapore, or new zealand, so the blue card scheme faces an uphill battle when faced with better known competitors >> germany needs to promote. a lot of other countries are promoting in india, holding culture exchange programs or having music and dance festivals. also, why not the film festivals? this is what needs to be done more importantly to make it more german-friendly. >> many factors are working against attracting indians to germany. language barriers, cultural differences, and plenty of opportunities in a booming economy right at home. but some joblookers in india believe germany

new delhi india. the white house is exploring whether to issue an executive order to protect the nation's critical computer infrastructure following congress' failure to lead this month and now it's time we talked to apple co-founder steve wozniak who says freedom on the web might soon be a saying of the past. free speech is not absolute in my mind it's a very important right it has to go through considerations of did you violate it in ways that might be somebody else i think the internet should have been considered from day one a country of its own that isn't bound by any individual country's laws maybe we could have an internet government but it didn't happen just like world government doesn't happen you know space doesn't belong to anyone the moon doesn't belong to anyone these are really beautiful principles and wife and then as soon as a country figures out a way to get control of them it disappears. and time for business now katie is that the markets here in moscow are now real began shaking kat

externally, external conditions have spilled over to india. india is not just a domestic story. it's driven by exporters and in addition to that financial flows also impacting financing conditions domestically that has an impact and impacted by global conditions. the key reason, one of the key reasons for the slow down in the short term is that over the last couple of years there's been slowing implementation of key structural reforms that i think effectively are needed to improve the supply side of the economy. in the absence of these reforms, the economy cannot really fully utilize its strong growth potential and that's one of the reasons growth has moved down to 5%. also one of the reasons why inflation has not decelerated because the demand side of the economy including consumption has remained quite strong but with the supply side constraining growth that there's these underlying pressure prices in the economy despite the slow down. that's why they want to re-accelerate growth. they need supply side reforms but that would help on the inflation problem. monetary policy is no

that is part of the china-india story. a very large proportion of them are not at the level of the even californians schools. like you see there that is 1.2- 1.4 billion people, so there are a large number that are working very hard on their round two, in fact, get to a point where they can move in to u.s. universities and so forth. >> i would like to thank the panel for their contributions today and the ongoing work they do on these issues. please join me in thanking the panel. [applause] we can stay here and you can talk for a few more minutes. donna is the co-author of this report from the center of american progress. >> i will be brief. i want to thank you for your participation today and hopefully take this report and help us all raise the flag for public attention on this issue. when we started to do this report, i remember the first day i walked over to my colleague, adam hirsch, a chinese expert. i said a bet we would find out that there were teaching the multiplication before they start school, and i was joking. t

we've heard these things happening in india. map this out for us, if you will. >> we have heard cases like this in india and particular areas of pakistan, for example, but unfortunately, it has happened before in britain. shafilea's case is not the only one. we have seen other cases as well in europe, germany, belgium and france have had cases of honor murders recently. so it seems particularly that here in europe what you have is that sort of traditional and culture clash where parents might want to enforce these very traditional conservative values on their children and the children are being exposed to these very westernized ideas and re belling against it and may cause the crash that sometimes leads to this kind of violence. >> and atika, finally, was there anything that social services in your reporting or storytelling could have done to protect this young woman, this young girl before it got to this point where her parents killed her? >> they were notified several times and in one particular instance she actually did tell

new delhi india. time now for the business desk with katy and despite all the global financial doom and gloom russians have a lost their desire to shop exactly people are really indulging themselves him not just food in the sense that is we're also. going to talk about a bit. dive into the market. this cheese i often. it is gaining we've got the european markets that a lot of that is to do with the germans economy greece might need more than expected in the second quarter that compares with the previous quarter and that's been driven by domestic demand and trade now from posted a growth figure out of his ear right now believe on all that was actually gratefully received because they were expecting a line. we've also got the annual rate of inflation for the u.k. as well which unexpectedly rose as well so as we can see european markets are indeed rising so let's see how the common currency is responding to all of these they also want to mention that the euro zone are indeed lower than expectations we've

the wood from india was endorsed by the ford stewartship council. we have an environmental third-party ngo that comes in and certifies that we are doing everything right. and so it was shocking that the government would seize on something that was the whole pint of this that we were being investigated under. so, you know, there was nothing wrong with it. and the government's case revolved around something that is a nonlegal issue which is the tariff code that was applied to the finger boards. and in our settlement they agreed there was no problem with importing wood from india nor the way that we were doing it and they are returning the finger boards they seized. >> mike: so basically after all of this time, guns ablazing in your face and everything they have done to virtually scare the daylights out of your employees, a year later they say well, nothing is really wrong but you end up having to settle with them just to get them off your back be? >> yeah. and a even further we have not been able to import from a major supplier which is india since th

traffic e-commerce site in india. but if the young business tycoon had it his way he would have started in the united states where he got his ivy league qualifications but paul had no choice despite his eagerness to start a firm and create jobs america's searching on employment saw immigration authorities deny more and more visas for foreigners when your resume gets rejected you pretty much have to go back in the one there's no recourse us such and i think that was disappointing maybe we would have started something in the u.s. had we gotten. my visa but then you know it doesn't matter experts say it's no coincidence that the rising rejection rates occurred as america's economy tanked but acting on the perceived fear that immigrants were taking american jobs has had the opposite effect it's unfortunate. denials are being made that are justified because what happens is it ends up being an incentive to u.s. companies to locate more resources outside the country and in some ways in ways that might. well u.s. immigration

in the business we have you know sixteen million registered users one out of six internet users in india is registered on snap do you growing by a million a month by the end of the unit of the twenty five million highest rafiki commerce site in india. but if the young business tycoon had it his way he would have started in the united states where he got his ivy league qualifications but paul had no choice despite his eagerness to start a firm and create jobs america's searching on employment saw immigration authorities deny more and more visas for foreigners when your resume gets rejected you pretty much have to go back there is no one there's no recourse us such and i think that was disappointing maybe we would have started something in the u.s. had we gotten. my visa but then you know it doesn't matter experts say it's no coincidence that the rising rejection rates occurred as america's economy tanked but acting on the perceived fear that immigrants were taking american jobs has had the opposite effect it's unfortunate. denials are being made that are justified because what happens if

in the business we have you know sixteen million registered users one out of six internet users in india is registered on snap do you growing by a million a month by the end of the united be twenty five million highest traffic e-commerce site in india. but if the young business tycoon had it his way he would have started in the united states where he got his ivy league qualifications but paul had no choice despite his eagerness to start a firm and create jobs america's searching on employment saw immigration authorities deny more and more visas for foreigners when your resume gets rejected you pretty much have to go back there is no other there's no recourse us such and i think that was disappointing maybe we would have started something in the u.s. had we gotten had i got my reasons but then you know it doesn't matter experts say it's no coincidence that the rising rejection rates occurred as america's economy tanked but acting on the perceived fear that immigrants were taking american jobs has had the opposite effect it's unfortunate if denials are being made that are justified because

new delhi india. the past year has seen several high profile attempts by governments around the world to try to impose control over the internet but the moves backfired with mass demonstrations not only on the streets but also online but with the pedia among the sites shutting down for twenty four hours just to make a stand in a few minutes we talked to apple co-founder steve wozniak who says freedom on the web might soon be a thing of the past. free speech is not absolute in my mind it's a very important right it has to go through considerations of did you violate it in ways that might be somebody else i think the internet should have been considered from day one a country of its own that isn't bound by any individual country's laws maybe we could have an internet government but it didn't happen just like world government doesn't happen you know space doesn't belong to anyone the moon doesn't belong to anyone these are really beautiful principles and wife and then as soon as a country figures out a w

the links between asia's two fastest growing economies china and india ranged from sharing billions of dollars in trade to having a similar outlook on the world's big issues and it's free of shrewd in our reports that growing power has friendship is one which some western countries would like to see called. i have everything from drying out. of the board. or blogs. in this warehouse and so are there bazaars delhi's largest wholesale market for household items puffin kumar has a stash of hundreds of chinese products. he's been traveling to china every two months for the past ten years it's very easy to doing business enjoying. everything that comes from home those who have very good knowledge of the chinese are to many kumar's enthusiasm over china might seem unusual the two asian powerhouses have historically had tense ties over everything from their borders to their choice of friends but you wouldn't sense any kind of animosity it's are there bizarre worse sixty percent of the products sold here are imported from china. there should be more real friendship. and movies of the partnersh

india is eager to grab its own piece of the arctic shelves energy rich pie india's. is looking to have a stake in one of three joint ventures russia's roast has planned with america's exxon mobil italy's norway's stat oil under the deal each of the non russian partners would have a thirty three percent stake in one of the projects with ro snapped and pay for all the initial exploration cause india's oh n.g.c. wants roast now to let it buy into one of the three projects but if that doesn't happen it says it's willing to look into one of twelve future projects russia has plans in that reaches it also says that if it can't get its hands on a thirty three percent stake it's willing to settle for much less at around eight per cent there is a lot at stake here at the u.s. geological survey says that thirty percent of the world's undiscovered natural gas and thirteen percent of the world's undiscovered oil can be found in this region while india still has one of the largest economies in the world it has faced a sharp slowdown in the past year with limited growth in the coun

india is making the same type of investment. we make investments much, much smaller, much larger scale. one problem facing the united states will you get to, and i know you know this wasn't anybody, but because we don't start early, by the time students get to college, they are not able to participate because they haven't received the baseline they need in their early ad in case all of education. marilyn, did you want to make a comment? >> we to. not surprised that an at&t would care about stand. those disciplines are at the height of our business. increasingly we think this disciplines will be important to every industry and every business. stan drives innovation. innovation drives the economy and i think that his wife so important. >> this is sort of a simple global answer. the other nations pay attention to whether their teachers know matt before they teach it. and we don't pay as much attention to that in the u.s. so that the stem problems that are often talked about our middle-school math and so forth. i think they're actua