Why the worlds biggest emerging economies are going their way together is what it means for the rest of us, and americas highway trust fun is this close to running on empty. What happens when the roads you ride on get fixed because congress cant cut a deal. Why you, the american consumer, are keeping your wallet in your pocket instead of stimulating the economy. Im ali velshi and this is real money. This is real money, and you are the most important part of the show, so tell me whats on your mind by tweeting me at ali velshi or hit me up on facebook. Com. The bricks are trying to throw their weight around and challenge the dominance of the world bank and the International Monetary fund. Im talking about the biggest emerging markets in the world, brazil, russia, india, china and south africa. And their leaders are holding a summit in brazil this week. And today unveiled plans for a new bank to finance Infrastructure Projects in the developing world and a reserve fund for financial emerg
One protester calls it open warfare, hundreds are dead, egypt is in chaos, and the pressure on the United States to step in is growing. Good evening, a curfew is in effect in cairo right now, so is a state of emergency. Nearly 300 people have died, and 2,000 have been injured in todays long assault that has gone all day. Assault, rather, police launched strikes to end the protests against the new military government. Egypt is americas critical ally in the middle east and senator kerry is calling for calm. The United States condemns the violence in egypt. Many feel that the 1. 3 billion in aid should be cut. A white house spokesman said they are reviewing the situation more closely. More from our reporter from cairo. Reporter the assault was vicious. Tear gas scattering crowds including women and Young Children and then came the bull dozers and fires and finally this. Heavily armed police opening fire. Steady extre y treem stead sf people into the hospitals. A sniper takes aim and fires
Im ali velshi and this is real money. This is real money, and you are the most important part of the show, so tell me whats on your mind by tweeting me at ali velshi or hit me up on facebook. Com. The bricks are trying to throw their weight around and challenge the dominance of the world bank and the International Monetary fund. Im talking about the biggest emerging markets in the world, brazil, russia, india, china and south africa. And their leaders are holding a summit in brazil this week. And today unveiled plans for a new bank to finance Infrastructure Projects in the developing world and a reserve fund for financial emergencies. Youre going to hear more about those in a moment. For now, these five countries that i just showed you are home to 3 billion people, 40 of the worlds population and has 20 of the worlds economic output. This is four times of what their contribution to the World Economy was in 2002. A recent United Nations report said by 2020, the combined output of china,
Its 3 00 on the east coast, noon on he west coast, 8 00 p. M. Here in rome, and well get a new pope but not today. 15 minutes ago the cardinals voted and the black smoke rows from the chimney, and we learned the pope will not be chosen today. The cardinals did not get the 77 votes necessarily. They rarely pick a pope on the first round. It was beautiful scene this morning at 115 cardinals aelectricitiors filed into the st. Peters basilica to celebrate the final mass for the conclave. Conclave meaning with key, a tradition that began in 1268. As the story goes the local officials became to fed up with the lack of decision of choosing a pope for two years so they were looked up and encouraged get done. Le there was a call for unity of the church. Shepard then the walk into the Sistine Chapel. Chanting the litany of the saints. Under the frescoes of creation and the last judgment. Each cardinal placed has handon the gospel to pledge vow of secrecy. Then it was time for everyone else to ge
Were part of a seven are person terror cell that entered the country last month, according to a turkish newspaper. A senior turkish official saying one bomber was from rescue and the others from uzbekistan and kyrgyzstan. A different newspaper reporting the russian attacker was from dagestan, next door to chesneya. The islamic attacker came from raqqa. And the organizers of the attack is from chesney ya. An Islamic State leader who is responsible for training russian speaking militants, also a wanted man in russian. Turkish Officials Say theyre working, clothe, round the clock to confirm the ids identities of all the bombers. Turk eu media report another victim died, raising the death toll to 44. More 200 others were injured. John huddy is live in istanbul. What else are we learning about the attackers . Reporter well, were learning about their nationalities and possibly the background here and the connection that they had with the rebel groups, as you talked about,; were also seeing h