Why is it so unique . Because it is in beijing, headquarters of the China Investment corporation. How much do you have to invest . We have 200 billion. 200 billion . 200 billion. This is the funds president , gao xiqing. He has poured billions into investment houses on wall street, causing some concern here in the u. S. We think, based on your historical behavior, china, that youre gonna do mischief in our economy. [ticking] hey, how you doing . Oh, im doing well. How are you doing, sir . How you doing, scott . Good to see you. Is davos the most important meeting on earth . Well, the top of the alps is a long way to come for the rich and powerful, but youll run into billionaire george soros; eric schmidt, the guy who runs google; nobel prize winners; captains of industry; kings; and even a queen. Lot of the work is done just sitting in the cafeteria in the Congress Hall and just seeing people pass by and discussing things. The queen hangs out in the cafeteria . I enjoy hanging out in t
Detroits bonds . What kind of impact might this have beyond just detroit . I think everyone looks at detroit in a certain way, we have always thought thats probably one of our most troubled cities, you know, the real estate recovery never really hit. 16 . Tough going there. Its tough. The big question is there whats next shoe to drop . Is there another city thats going to go through the same thing . So far from what i could see in the markets yesterday, people are recognizing that detroit is a little bit unique from the other major cities, but you know, people are going to be wary. So, in terms of your clients what are you seeing in terms of sentiment right now . I would say in general, you know, a lot of uncertainty and our message to them has been theres a lot of rotation going on, a lot of media talks about rotating from stocks to bonds, bonds to stocks. We keep trying to tell people to stay kind of the middle of the road. As rich mentioned, you know, have a balanced portfolio, have
[ male announcer ] next up, the gutters. Citibank popmoney. Easier banking. Standard at citibank. Makes it easy for anne to manage her finances when shes on the go. Even when shes not going anywhere. Citibank for ipad. Easier banking. Standard at citibank. We know that cyber intruders have probed our electrical grid, and that in other countries, Cyber Attacks have plunged entire cities into darkness. President obama didnt say which country had been plunged into darkness by computer hackers, but we found out. It was brazil. We also found out that hackers have been infiltrating everything from our Defense Networks to the financial systems. Bank robbers are now stealing more money with computers than they are with guns. This map is showing a visual representation of where all of the known infections of conficker are across the world. Computer analysts say its like a sleeper cell, and it may be poised to suck Sensitive Data out of millions and millions of computers. It takes time to read t
Fields from medical research to computer software. Ifill we continue our weeklong focus on guns, after newtown. Tonight Jeffrey Brown reports on the possible links, if any, between violent video games and violent behavior. The result clearly shows that playing a violent video game increases aggressive behavior. One of the problems in this field is that people confuse aggression and violence. Woodruff and Margaret Warner gets an update on the Oscar Pistorius murder trial in south africa, as the prosecution and the defense lay out conflicting accounts of the events leading to his girlfriends death. Thats all ahead on tonights newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. And by the bill and Melinda Gates foundation. Dedicated to the idea that all people deserve the chance to live a healthy, productive lif and with the ongoing support of these institutions and foundations. And. This program was made p
You are linked to the violent captioning sponsored by Macneil Lehrer productions woodruff evidence suggests that since 2006 a secretive Chinese Military unit has hacked the Computer Systems of more than one hundred u. S. Corporations and organizations. Good evening. Im judy woodruff. Ifill and im gwen ifill. On the newshour tonight, we assess the damage done by the Cyber Attacks, and explore the motivations behind what appear to be chinas systematic targeting of foreign firms and governments. Woodruff then, we turn to todays arguments at the Supreme Court over a patent case with implications for biotechnology giant monsanto, and a range of fields from medical research to computer software. Ifill we continue our weeklong focus on guns, after newtown. Tonight Jeffrey Brown reports on the possible links, if any, between violent video games and violent behavior. The result clearly shows that playing a violent video game increases aggressive behavior. One of the problems in this field is th