here with details, bloomberg's latin america reporter. how would you put it into terms the people can enter stand, the state of venezuela's economy? >> it is a mess. economists are expecting the economy to shrink by one percent. right now, it is declining by half a percentage point. there is not industry in this economy. there are not jobs. there is food shortage. inflation is rampant, 60% to 70%. we are dealing with very difficult tenets of living. >> the difficult economic times for those who live in venezuela, despite all of the oil which is in the country. >> yes. >> so now, let's talk about prostitution, which is legal in venezuela. and you have written a story that documents how working as a prostitute gets hard currency earnings, which is vital to these women's families. >> my colleague interviewed several prostitute in a port town. basically, this is something they were doing once in a while before, but now this is an economy that imports about 70% of their goods and services. you have lots of sailors coming in and out. they go to

been a model of democracy in latin america. able to consistently transition with center-left or center-right governments, but always respectful of democratic traditions. obviously those traditions or hard-won. the president knows as well as anybody had difficulty was to bring about democracy and now the fact that she lay across the political spectrum respects and fights for the democratic process makes it a great model for the entire hemisphere. today we're going to have an opportunity to discuss how we can be -- push those relationships even further. education, for example, is an issue that is at the top of the agenda. it is on my agenda here. to be able to strengthen student exchanges and compare mechanisms her and ideas for how we can build skills of young people in both countries is something that we will spend some time on. we're both very interested in energy and how we can transition to a clean energy economy. the facilitation of the construction of a major solar plan that can help meet their energy needs. we will talk a

details today in the latin america report, next. ♪ >> it is time for today's latin america report. seven years and $12 billion to plan the biggest sporting event in the world, but with the opening kickoff of the world cup just days away, brazil is still not ready. mind?estion on everyone's why. erik schatzker got a firsthand look at the countries lack of preparedness. >> let's say you are going to result for the world cup. here is what you will see as soon as you step off the plane. expect some traffic on your way to the game. and when you finally get there, a hardhat might come in handy. the $365 million stadium in sÃo paulo. it has been a scramble to get it finished in time for the opening kickoff on june 12. with just weeks to go, entire sections still had no seats and much of the roof was not installed. outside, this was supposed to be a huge parking lot, designed to hold dozens of buses. the inaugural match in may was paved -- barely able to accommodate a half sized trout. now imagine what will happen when they try to pack in twice as many people. it could be a security night

much of latin america disagreed with that position. i think both in terms of our policies in latin america and our drug use in this country -- 29 people according to recent -- 20 million people in this country needed drug treatment and did not get it in the past year. we have a lot of culpability in terms of the conditions we are singing places like honduras and what is causing these children to flee for their lives. >> what is the overall solution for comprehensive immigration reform? what would it look like to you, sonia nazario? >> certainly, the first thing is to treat these children better when they are arriving into the united states. as i said before, i am on the board of an organization called kids in need of defense. we recruit pro bono attorneys to represent these kids in court. i think the government needs to be providing more of these attorneys so there is real due process in his courtrooms where you see kids just shaking with fear, clutching their teddy bears, wetting their pants in front of these judges because they're be

for latin america. inside last night's game, which was argentina against bosnia, the team played at the maracana, was filled with tens of thousands of argentinians in the stands. they were there to cheer on their team. this is part of what you see, you see brazil been this destination point for what is called world cup tourism. it is incredibly expensive to be able to even find a place to stay in rio right now. you need to be able to have thousands of dollars of disposable income do you think it inside the exclusion zone, a similar amount of money is needed. for brazilians, there's a wealthy strata of brazilians they're following around the world cup is well-liked people in my follow around a grateful dead concert to the 12 different cities where there are world cup games, yet the problem is, as you said, ordinary brazilians, very unlike the 1950 world cup brazil hosted and was taxed with ordinary working-class brazilians, those are the folks who are being left behind. very symbolized by the maracana wh

the latin america report on this monday. stay tuned. ♪ >> it is time for today's latin america report. colombian president won a inond four year term elections held sunday. the bureau chief joins us on the phone with the details. he won the election yesterday with a much bigger margin than polls predicted. how did he do it? >> that is right. there were no big differences economicmic -- in policy. both in favor of free trade. both had a warm attitude toward mining. very pro-us. it became about the conflict going on for 50 years. santos campaigns on the peace talks with the guerrillas. he cause of this, he was able to build a very large alliance with political groups that do not agree with his other policies. >> you recently traveled to an area where the guerrillas have a large presence. how did that go there yoe? a town inled to colombia. this is a town that has been attacked rabidly we more than any other town in colombia. it has been attacked more than 600 times in the past six years. they are surrounded by a group in the

. >> during the world cup behind the scenes this emerging economy, the largest in latin america face as growing list of challenges. with the population of 200 million people brazil is the world's seventh wealthiest economy, it's also the planet's largest coffee producer, and the world's largest producer of civil aircraft behind airbus and boeing. the country is also lifting millions out of poverty. the percent of people living on $2 a day has fallen from 21% in 2003 to 11% in 2009. and people living in extreme poverty just $1.25 a day has fallen from 10% in 2004 to just 2.2% in 2009. many of those successes were due in large part to the policies of the country's hugely popular president da silva. but his hand pick's susse successor has become hugely unpopular. >> the economy was in good shape, now the majority say it's now in bad shape. >> that is blamed namely on a slowing demand on its exports due to the world's financial process. the economy with a gdp growth rate of 7.5% slowed to 3.3% in 2013. and in the past year brazilians have taken to the streets to protest rising inflation,

the world's attention is being turned to latin america this week. the world cup begins in brazil tomorrow. brazil versus croatia. for those who like to put money hasuch things, eric chemi been digging through the numbers for us. tell us about the variety of predictions out there. >> there's a lot of different protections out there. all of them havef the same haver t --all four of them the same big four teams up front. everyone can agree on them as the top four. starting at fifth place, it changes up with teams like elgin and the netherlands. what is interesting about the brazil pic is you see that range anywhere from 20% all the way up to 50%. >> why are all these predictions so >> where all these predictions so different yet the critics -- >> why are all these friction so different yet the quick because everyone has different factors. -- so different? >> because of one has different factors. the players keep changing every year, so depends on how far you valueack to weight the of different games. >> this makes soccer not very printable based on wha

latin america birth rate 17%, 12% of kids get baby formula. my target is, 110 bucks, i want to see what our pros think about this one. >> well, you talk to a woman who used a lot of formula. charles: that is why i came to you first. >> the stuff is darn expenseive. >> would you vest in this? >> heckia, we're feeding the world is enough. >> charles always saying if you buy something, 3 times, you are the unofficial spokesperson, people are not stoping having babies. >> this is great but fundamental don't jive with it, it is a bit overvalued in my opinion. >> tracy? you recorded that? >> this just in president squashed that idea of a tax repatriation holiday, more american companies join more american citizens say so long, and billions of dollars and a lot of jobs going along for the ride. in case you have not heard, stay with us, the name of game is "making money." wondering what that is? that, my friends, is everything. and with the quicksilver card from capital one, you earn unlimited 1.5% cash back on everything you purchase. not just "every

we have latin america and the caribbean up there. people in latin america and the caribbean in particular, they have a more fluid concept of race than what we will have in the united states of america, ok? when the english do their exploration, they are very ethnocentric. when the french are out there and the spanish and the dutch, and in my part one class, we learned all about this. but when those people come, men are typically coming out first to settle the area. and they're going to have relations with whatever female group is there, ok? so in this case we will have a mixture of native americans, africans, and europeans. so, with the spanish and the french and the dutch, they have, they're like, ok, this is going to happen. we might not want it to happen, so it is going to happen anyway. ok, there it is. the english were like, ok, this might happen. but we do not want it to happen. we will do everything we can to stop it from happening. did it happen? yes, of course it did. but the idea behind act is the background of the various

stabilizing latin america for over a century most notably under its previous name united fruit and honduras the company was responsible for co-opting political campaigns manipulating government officials and even financing girl roll of fighters in neighboring guatemala chiquita provided support for the overthrow of the arbenz government and one nine hundred fifty four and was rewarded with huge amounts of rich agricultural land to grow its bananas for crying out loud dole and chiquita is the reason that puppet nations across latin america were dubbed banana republics in the early twentieth century but it's not just the fact that you kiddos turn entire countries into commercial enterprises it's also its effort to squash the unions and exploit labor's on their farms it's the monopoly over the market as they hide behind local fruit producers which they also own but on top of. chiquita's to run a coal. business practices the company uses pesticides all over central america that have been banned for decades in the u.s. canada and the e.u. and get this one of the chemicals banned in the u.s. for

stabilizing latin america for over a century most notably under its previous name united fruit and honduras the company was responsible for co-opting political campaigns manipulating government officials and even financing girl roll of fighters in neighboring guatemala chiquita provided support for the overthrow of the arbenz government and one nine hundred fifty four and was rewarded with huge amounts of rich agricultural land to grow its bananas for crying out loud dole and chiquita is the reason that puppet nations across latin america were dubbed banana republics. in the early twentieth century but it's not just the fact that you kiddos turn entire countries into commercial enterprises it's also its effort to squash the unions and exploit labor's on their farms it's the monopoly over the market as they hide behind local fruit producers which they also own but on top of chiquita's to run a coal. business practices the company uses pesticides all over central america that have been banned for decades in the u.s. canada and the e.u. and get this one of the chemicals banned in the u.s. for

there is a natural link between spain and latin america. latin america is investing in spain now, too. mexico is investing heavily in spain. there are two ways to enlarge in our relationship. it is of great friendship. >> it is not just one white anymore. how -- it is not just one way anymore. how is the business environment? spain is going to recover quicker. spain was the end of the world one year ago. i believe it is that spain is a strong country with a strong government with a strong idea to grow and we have overcome the most important problems we had. the energy of the spanish people , the preparation, we are going to do and we will do better. now we are going out of the crisis. >> how about the spanish consumer? strong is the spanish consumer right now? >> the consumer now is not so good. you need to understand that there is a psychological factor, too. it weighs very much in the mind. it is recovering for the first time. the trend of the people not working has changed. for the first time in this quarter, the jobs are growing. i beli

stabilizing latin america for over a century most notably under its previous name united fruit and honduras the company was responsible for co-opting political campaigns manipulating government officials and even financing girl role of fighters in neighboring guatemala chiquita provided support for the overthrow of the arbenz government in one nine hundred fifty four and was rewarded with huge amounts of rich agricultural land to grow its bananas for crying out loud dole and chiquita is the reason that puppet nations across latin america were dubbed banana republics in the early twentieth century but it's not just the fact that you kiddos turn entire countries into commercial enterprises it's also its effort to squash the unions and exploit labor's on their farms it's the monopoly over the market as they hide behind local fruit producers which they also own but on top of chiquita's to run a coal. business practices the company uses pesticides all over central america that have been banned for decades in the u.s. canada and the e.u. and get this one of the chemicals banned in the u.s. for go

we have latin america and the caribbean up there. people in latin america and the caribbean in particular, they have a more fluid concept of race than what we will have in the united states of america, ok? do theirenglish exploration, they are very ethnocentric. when the french are out there and the spanish and the dutch, and in my part one class, we learned all about this. but when , men areple come typically coming out first to settle the area. and they're going to have relations with whatever female group is there, ok? a in this case we will have mixture of native americans, africans, and europeans. so, with the spanish and the ,rench and the dutch, they have they're like, ok, this is going to happen. we might not want it to happen, so it is going to happen anyway. ok, there it is. the english were like, ok, this might happen. but we do not want it to happen. we will do everything we can to stop it from happening. did it happen? yes, of course it did. but the idea behind act is the background of the various group is going to shape

stabilizing latin america for over a century most notably under its previous name united fruit and honduras the company was responsible for co-opting political campaigns manipulating government officials and even financing girl roll of fighters in neighboring guatemala chiquita provided support for the overthrow of the arbenz government in one nine hundred fifty four and was rewarded with huge amounts of rich agricultural land to grow its bananas for crying out loud dole and chiquita is the reason that puppet nations across latin america were dubbed banana republics in the early twentieth century but it's not just the fact that you kiddos turn entire countries into commercial enterprises it's also its effort to squash the unions and exploit labor's on their farms it's the monopoly over the market as they hide behind local fruit producers which they also own. but on top of chiquita's tirana coal fire radical business practices the company uses pesticides all over central america that have been banned for decades in the u.s. canada and the e.u. and get this one of the chemicals banned in the

is time for today's latin america report. we are only one day into the world cup and there has already been some heated clashes between protesters and police. result hoping to avoid violence and rice they faced last year during the confederations cup. we met with police in the amazon ofy of -- the host of one the biggest matches of the cup, england versus italy. takes us on an inside look at how brazil is working to secure the world cup in the final installment of the road to rio. >> these soldiers are preparing for an unusual battle. on the soccer field. brazil is hosting the world cup for the first time in 54 years. the country is not taking any chances. he will be keeping the peace here in manaus, one of 10 cities where the matches will be played over the next month. his troops have been training for more than one year to confront any number of scenarios. rowdy foreigners bent on destroying property. angry protesters. anarchists, hostage takers and even terrorists. portuguese] >> brazil wants to avoid a repeat of last year

. >> time for today's latin america report. victory against argentina turning into a windfall for all of the nation's bondholders. argentine note soared to a three year high after the government said it is seeking a negotiated settlement to a decade-long conflict with holders of defaulted bonds. that bolstered optimism the country will avoid a debt crisis. june 16 the u.s. supreme court declined to hear argentina's appeal for malone court ruling that ordered it to pay the holdout creditors at the same time it pays holders of the restructured debt. argentine government began to work toward rather than following through on holding the payment again. this was led by bondholders. they have sued for full repayment. that is the full latin america report for this tuesday. when we return, and analysis of the at&t directv merger plans as the party faces a senate hearing at this hour. we will continue in just a moment. ♪ >> welcome back. the second of two congressional hearings on the planned merger for direct to the end at&t underway.

will get toe today's latin america report, the latest on mexico. >> it is time for today's latin america report. tropical storm or as we can to become a depression and will continue to soak eastern mexico today. is expected to drop as much as 20 inches of rain in the region. the depression will move inland slowly so the area may be drenched for days. boris was the second tropical storm of the eastern pacific hurricane season which began may 15. women are choosing to be entrepreneurs at record rates. womennt study finds that are starting more than 1200 new businesses a day. that is double the rate from just three years ago. one of the world's leading experts in the field of women's enterprise development joins me now. welcome to "bottom line." >> glad to be with you. >> as i just mentioned, your report includes census bureau and data showing that, in the past 17 years, there has been a lead in the number of women-owned businesses in the u.s., increasing at 1.5 times the national average. what accounts for this search? -- surge? it is a trend developing in the 20 plus years. women have hig

. ♪ >> it is time for today's latin america report. last year, there were over 37,000 muggings in rio. overnwide, there were 50,000 murders. add to that a daily express of kidnappings and gang violence, and you start to understand why brazil is known as one of the most dangerous countries in the world. be ang safe is going to big concern for anyone traveling to the world cup soccer tournament. for some, it means big business. erik schatzker was embedded with one of the top private security firms in brazil and he gives you an inside look at the price of personal protection as we continue our special series, the road to rio. >> here in brazil, there's no valuing human life. gun you down if you resist and the lease. with no remorse, they will do it smiling. macthe president of afi latin america. this is my security team. we know we are going to have demonstrations. it's how big and how violent they are. this could be a security nightmare for some of us. for others like me, it's a challenge. this is nothing but a security guard in a suit a

is time for today's latin america report. argentinian bonds are rallying, sending yields to a three-year low. at bloomberg news we have more details. what is driving this rally? ever are closer than before at getting a resolution to the holdout problems. the president has consistently said now that she is willing to sit down and have negotiations under fair circumstances with know,ldouts who, as we have been suing this country for many years to try to get full repayment on the. by who?re as determined >> a good question. plan,ill be presenting a so to speak, two judges in the u.s.. we don't know what it will say. we don't know if it will be the same plan as always, $.30 on the dollar, but people are really feeling like it will be something substantive. >> what is with the president's change of rhetoric? he recently called them vultures, but now they have softened their tone. >> there was so much back-and-forth last week, one day saying that they would settle, the next saying they had no interest in doing so. in the beginning

it is time for today's latin america report. brazil will extend for six months its daily currency interventions to help -- help support their fight against above target inflation. currency gained on the news, the central bank will continue to offer $200 million each business throughurrency swaps december 31. policymakers said they are prepared to provide additional dollars if needed. their current program was scheduled to expire on june 30. the international swaps and derivatives association has rejected the request of a law firm to rule on whether argentina triggered contracts tied to its debt. owes $900 million in interest on june 30 for bonds issued as part of the restructuring of 2005 and 2010. the judges order bars argentina for making those payments unless it also pays $1.5 billion to hedge funds, including elliott management. that is your latin america report for this wednesday. next, wall street versus main street, we will look at the challenges faced by a century-old firm from birmingham as it tries to evolve into a wal

>> diversify his portfolio beyond mexico and latin america. that is one way he is able to diverse of five the holdings of america mobile. one way is to go to europe, not to the states because there is too much competition. other places he might think about investing in assets that would allow him to say, i do control a huge swath of latin america but i also control other places. maybe that is a way to hold onto the controlling stake. >> maybe he will try to exact his revenge. maybe that is the way he gets by. matt, nice to see you. matt miller, bloomberg billionaires managing editor. as we go to break, we are going to bring you today's one unholy hotshot. these competitors are tearing up the course during the international motocross federation's world championship in denmark. wouldn't want to get that wrong. just a reminder, you can follow us on twitter. only one of me today so only one twitter handle to follow. olivia is back tomorrow. francine will be back in a few months. follow us all. we are going to take a break. see you in a few minutes

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or the chinese communists. >> kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to him, you may be ahead to us in rocket thrust. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the survival and the success of liberty. >> kennedy in his inaugural speech did not have a single mention of domestic issue. he came

time for today's latin america report. president obama held a bilateral meeting today, discussing a variety of topics including spying programs. the leaders set an announcement on construction, what was called a major solar plant that would become -- would be coming soon. acquiringies is kodak's. the deal is valued at $2.3 billion. they plan to fund it primarily using currently held cash and short-term investments. that is your latin america report for this monday. to settle a criminal investigation with authorities today, putting an end to an investigation that has gone on for seven years. phil mattingly his following the case and joins us now. final details are still being hammered out. what is the latest? x negotiations moved through the weekend. the expectation is the settlement will be filed today after trading closes. the top line is that $8.9 billion will be the largest fine by far in any type of sanctions case multiple times over. thely intense on negotiation side is the ban on their ability to work with transactio

employees dressed in traditional clothing from asia, latin america and africa. a woman says she's able to work more efficientlily because tdres is so airy. another woman said demean in west africa was very comfortable. >> translator: everyone here is enjoying the different atmosphere. >> that's all for this edition of "newsline". thanks for joining us. ♪ >> ramen. one of japan's favorite foods. this gathering in tokyo of the finest ramen shops from around japan draws huge crowds. and the popularity of ramen is

. >> i want people in latin america and africa and asia to start to look to america to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or at the chinese communists. >> kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space. you said even as much to him. you may be ahead to us in rocket thrust. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the survival and the success of liberty. >> kennedy, in his inaugural speech, did not have a single mention of domestic issue. he cam

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or the chinese communists. >> the fact is that kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to khrushchev, you may be ahead of us in rocket thrust. but we're ahead of you in color television. i think that color television is not as important as rocket thrust. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to ass

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or the chinese communists. >> the fact is that kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to khrushchev, you may be ahead of us in rocket thrust. but we're ahead of you in color television. i think the color television is not as important as rocket thrust. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to

. ♪ it is time for today's latin america report. a federal judge has the mott -- denied argentina's request to extend deadlines to repay a debt to bondholders that the country claims to lead it into a catastrophic default. in the meantime, argentina deposited $1 billion to make a june 30 interest payment on structured bonds, setting up a conflict with the court order that prohibits the nation from paying the notes without also surfacing its defaulted debt. has banned one player for biting an opponent at the world cup. it illuminates suarez from the upcoming premier league season. they also find him 112 thousand dollars. that is your latin america report for this -- for this thursday. that is what you get for biting someone. as you probably know, the u.s. advances despite a loss to germany, in fact both teams go through. portugal and ghana are both out. you may be paying more attention to the world cup, but it is a big day for baseball fans. is 40re -- derek jeter years old today. to mark the occasion we are going to show you some ra

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at kruschev or the chinese communists. >> kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to him, you may be ahead to us in rocket thrust. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the survival and the success of liberty. >> kennedy in his inaugural speech did not have a single mention of domestic issue. he came t

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or the chinese communists. >> kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to him, you may be ahead to us in rocket thrust. we are ahead of you in colored television. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the survival and the success of liberty. >> kennedy in his inaugural speech did not have

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or the chinese communists. >> kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to khrushchev, you may be ahead of us in rocket thrusts, but we're ahead of you in color television. i think that color television is not as important as rockets. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the survival and t

from latin america to middle america, there are parties, parades, and protests. here in the bay area, pride also includes fund-raising along with fun. abc 7 is live with that story. >> reporter: rate now the pink party in the castro district is just barely starting to wrap up. i want to show you right now how this is all unfolding. there's a line of security guards and lots of police officers. they're trying to have an orderly departure of this party. the organizers and police say included more than 100,000 people this year. >> everybody say sexy! one, two, three! >> this is my favorite right here action i love it. it's a celebration, i've never been a part of that in my life. >> reporter: for others a chance to be with friends and celebrate diversity. >> i love my best friend and she's gay, why not celebrate the fact that she's gay? >> reporter: this year's crowd is similar to last year's when there was a major turnout because of decisions in the u.s. supreme court over same-sex marriage. just before the dyke march this afternoon we saw a couple exchanging vows

my mother is coasta rica so i spent a lot of time in latin america. >> host: i you fluent in spanish? >> guest: yes. i love the people, the culture, the food. i stumbled into this project. it was a very interesting experience. i met a young pastor you invited me to a fast celebration and we traveled up mountah and at the top sacred ground was a group of women and men sitting on coal stones and deep in prayer and was the evangelical pastors speaking in tongues. at that moment that i heard people stand up and request assistance with god's help and the journey and i realized it was migration counseling. that was very new. the search was always there to meet the needs but that counseling aspect was new. >> host: other section of your book. >> guest: when churches are not available they create their own shrines with their own religious companions. in certain areas of deserts' you will steve humble shrines created at the stones and sticks. some are graves but they carry images of the saints. and god help me. [speaking spanish] >> host: did you personally sneak across the border? >> guest:

. >> i want people in latin america and africa and asia to start to look to america. to see how we're doing things, to wonder what the president of the united states is doing and not to look at khrushchev or the chinese communists. >> the fact is that kennedy did run to the right of nixon and he was saying that they were letting the russians get ahead of us in missiles. >> it frightens people. it's not true. but it frightens people and it's very effective in the campaign. >> i believe the soviet union is first in outer space, you said to khrushchev, you may be ahead of us in rocket thrust. but we're ahead of you in color television. i think that missiles are more important than television. >> the missile gap was a total lie. we out missiled them at that time better than 100 to 1. if eisenhower came forward and said this kid is not telling the truth, it would have been a different election. ♪ >> let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, to assure the su

mike white is there doing great business in latin america. i don't want latin america. i don't want it. i want to watch world cup, not visit. >> you don't want at&t in latin america? back to at&t? >> listen. if they get the football package as far as i'm concerned they can go and talk to the shining path about getting a little nfl action. >> football in south america would be the world cup right now. by the way, that has a bit of an audience. multiples of the united states football. >> have you seen the twitter numberses? twitter posted they had a huge number of tweets. i said, what is that per share. they don't want to go there. you watch world cup, you tweet. world cup is excited. >> it leads you to the power of the platform at twitter when you watch their numbers. >> how about the incredible games? >> whether it's "game of thrones" or whatever it is, a shared event. >> every year, football, soccer gains adherants and last night's game was incredible. breathtaking. some guy we never heard of. >> coming up, the crisis in iraq. we have a live report from the country aft

. >> i guess step one is vice president joe biden is headed to latin america. >> yeah. he is actually in brazil right now watching the u.s. take on ghana. and this was a previously planned trips he is going to make other planned trips in latin america. a few days ago they added a trip to guatemala. one of the countries these kids are coming from. while is he in guatemala, he going to meet with the president of two of those countries and high ranking official to the other to talk about a lot of these issues and talk about this surge we are seeing now. >> why is this surge leaving the country parents are just saying go? >> that's the really staggering thing about this three countries facing the most difficult economic hardships. three of the six highest murder rates in the world right now. you combine that together and a lot of these parents are just at the point of desperation that they're happening their kids off to these smugglers and sending them on this incredibly dangerous trip all the way through mexico and trying to cross that u.s. border. as to why it's happening

see, crony capitalism they see in latin america is justly condemned. that economy does kill. stuart: that was part of our to be with the father discussing recent claims by cardinal rodriguez that the free market economy kills the poor. all right, here's what you had to say about those claims. how would he or the pope know about the free market? everything they have has been free to them for years. kristol asks what market system does he recommend? the one who made the catholic church so rich and powerful? and the following to say about the cardinal. sir, i think you're out of your mind. give me one instance the people who are free and have a free market did not do as well as a system where the government does all. keep your comments coming and keep him as short as possible. we want to get as many as we can on the air. the world cup kicks off today in brazil b. the first game hours from now. just like the super bowl, we are seeing many successful ads pop up for these games similar to this mcdonald ad. let's roll it. ♪ ♪ stuart: i just wonder how man

. >>> a top executive at google says it's possible cuba can be a leader in latin america, a team from google has been in cuba to promote internet access. they met with student at a haven't vanna university. right now 2.5 million cubans have internet access out of a population of 11 million. cubanys government has not acknowledged the trip. >> five years after a rocket failed to get a nasa satellite into orbit scientists are ready to launch again, this time choosing an older booster, the delta 2 to get them to orbit. scientists describe the almost identical remake of the satellite lost in 2009, a cone failed to separate and the extra weight caused the satellite to crash into the ocean, dragging half a billion dollars down with it. the mission will measure carbon levels in the earth's atmosphere. >> up next at 6:00, yosemite turns 150 this week. but you don't have to drive several hours to take part in the celebration. the bay area exhibit that shows off what makes the national park so special. >> our warm weather could get a little hotter tomorrow. meteorologist sandhya patel has the f

i'm not sure that we realize that there are that many customers also in latin america. mr. white joined in direct in 2010 and also serves as a chairman of the company's board of directors. in addition, he also serves on whirlpo whirlpool's board of directors. before joining, he was the ce oh, of pepsy could international from 2003 to 2009. prior to that he served as president and ceo of fritolay euro and african and middle east division. that was part of pepsy at the time. did they spin it out at some time, they did he? they also served as the ceo of general mill international. mr. joining pepsy co. he was the senior management consultant for arthur anderson and company. mr. white holds a masters degree in international relations from john hop kins university and a bachelor's degree from boston college. we also have mr. leeber man as a graduate of john hop kins. he is also a ford foundation fellow in st. petersburg, russia. i say on a personal nature, many of my constituents are very loyal customers of direc. our next witness is -- we're glad to have you mr. stephens and mr

america, the who knows if things calm down in russia, maybe even russia, where you would see tremendous increases. so it is we shouldn't base our conclusions on just one area. in the world. thank you very much for joining us. that brings us to the end of this edition, thank you for being with with us, join us next time from washington. ray swarez. >> we're here at the darrington unit, which is a maximum security prison on the outskirts of texas. >> jimarquez holland is 20 years old. he's been imprisoned here for three years. >> to me, i feel like what i was doing was petty. petty crimes - i never thought in a million years that i would be 17 and in prison. never thought.

this parasite has wreaked more than a billion dollars worth of damage throughout latin america and the caribbean. it speculates in the next billion years, coffee might not exist the way we know it. it speculates in the next 50 years, coffee might not exist the way we know it. >> we are going to have a look at the neatest sports headlines. italy laid down a marker at of the world cup opener against england with a 5-3 win over brazil. won over trinidad and to tobago before leaving for brazil. >> it is good for everybody. scoring eight goals is not easy, him if some say -- even if some say it was only jamaica. we also have to see what they've done before facing us. they did not suffer a thrashing. they never conceded more than two goals. they only beat them by scoring a goal in the 85th minute. it is to our credit and the credit of the players regarding what they have done. it is a good night to fill ourselves with confidence without going to brazil being overconfident. it is a good last warm-up game that ends three weeks of preparation. england scored a touchdown in brazil. they will be

at the inauguration of the first russian house in latin america, the vodka was flowing and the visitors blowing with admiration at the exhibit of every world cup football since the tournament's ipp essential. up to 30,000 fans bay be coming here to cheer the team on. >> it's a war. >> we are here for russia. never mind that the performance is anything but memorable. >> in the old days the muscovite was measured by an ability to excel in sports. when it comes to football, russia is clearly taking a big leap of faith. >> we qualified fires time in 12 years. it has to be astonishing. they have no other joys. at the russia house passion for football converges. far from its traditional sphere of influence. the russian investment in the brazilian economy is growing. we, as you mentioned, have projects especially related with gas and petroleum. >> and like a good diplomat... >> and we are dreaming to have the final between russia and brazil. more proof that russia is a nation with strong ambitions. >>> russian president voutin called on both sides in eastern ukraine to stop fighting and start