People in the United States. It is a sign of the times, a cuban leading praising his u. S. Counter apartment. Cuban president raul castro applauded u. S. President obama policy change towards the con ubist country. He emphasized the significance of this move. Translator he welcome the approach president obama by opening a new chapter in the ties between our countries and for introducing the most significant changes in u. S. Policy in the last 50 years. Earlier i asked al jazerras Gabriel Elizondo who is in havana, about castros speech. Reporter this is a very high will beanticipated speech by the cuban president because this is the only the second time we have actually heard from him since the big announcement on wednesday, what he said about that is he said while this will be a relationship between two equals, between cuba and the United States now with this new diplomatic ties and what have you, he said that any change here in cuba would happen on cubas terms and nobody elses terms.
Last shop of its kind is sadly classical music, the last shop of its kind is sadly closing. Welcome to our viewers on Public Television here in america and also around the globe. There is something senseless and depressing about the wanton destruction of ancient artifacts. Reports from iraq that extremists of the socalled Islamic State have bulldozed a city described by the white house as incomprehensible. The battle against i. S. From iraq has been slow, as our correspondent James Robbins reports. The battle is intense. The bbc, too, films mile after mile of devastation. Bbc correspondent has been with the troops. He has been telling them this effort to reverse this has been grueling. We are on the outskirts. This was earlier cleared by the progovernment militias a few days ago and the fighting is still raging. They are trying to recapture the area. Amid the fighting, the black flags of i. S. Are being gradually replaced by the yellow of the shia muslim militia backed by iran, and tak
On the top line with revenues, beat on revenues but missed on the bottom line by as single penny. This brings the focus to the entire Dow Jones Industrial average which appears to be the lone standout at this hour when it comes to the major indices. That is largely on the backs of some plastic many of us carry in our wallets and that is American Express. And max next to intel reporting earnings after the bill came out with numbers the market loved if you were watching fox business, you knew it was a big beat. Shares of American Express jumped in 4. 5 and that is spilling over to one of its rivals. This is really a company that gets a fee no matter what anybody is charging. Visa is moving higher by 41 3 . Morgan stanley was the last of the big banks to report earnings overall while profit fell by 70 . Excluding 1. 2 billion legal legs sense, the bank earned 0. 50 a share exceeding wall street estimates of 0. 45 a share. Morgan stanley over the past year has been the best performer up 51
annelise will talk about ronald reagan s approach to the cold war and foreign policy in their book. washington journal is up next. host: welcome, on this sunday, august 16, 2009. today, the president and his family will tour the national park at the grand canyon. our guest is martin crutsinger. several events have happened to suggest that we might be in a turnaround mode. what are the indicators? guest: the gdp for the second quarter was down, but not as much. it was a big change from the first quarter when it was 6.4% at an annual rate. unemployment actually dropped after it has been rising for over one year. but it is still 9.4%, very high. the number of layoffs were down to about one-third from where they were at the peak in january. there are some things that seem to show that the economy after the nosedive late last year seems to be host: stabilizing how significant are these indicators? guest: these other big things that economists watch. the fact that they are show