From your studios in new york city, this is charlie rose. Ian bremer is here president. The Eurasia Group the new cold war on business. Businesses in russia and china. Businesses continue to cascade. Isis threatens a town on the turkish border. And ebola continues to spread. Im pleased to have you back at this table. Turkey, a place you know really well. Turkish inaction on isis dismays the United States, wall street journal. U. S. Turkey at odds as military advance. Most people believe isis will take the town right on the border. You have kurds in turkey that are able to see them. Thats how close they are. And the turks have made pretty much every bad decision that could be made in the middle east. They have been on the wrong side of the conflicts and it will be hard for them to get to a place where they can line up with the americans in the coalition. Thats kind of where we are right now. Why . Just because of the fear of kurdish radicals on the syria side . There were almost 20 dead
I am manus cranny. Cut to junk is the verdict from standard and poor, the first time in a decade it has dipped that low. Russia expert Ryan Chilcote is here with us. Along with stephen king will be with us, the chief economist at hsbc. Great to have you with us stephen. Ryan, was this something we thought were coming . One person said we have not then asked in terms of the centralbank. It was widely anticipated and came a bit earlier and s p said it would, by the end of the month and the results of the review. It was not entirely priced in. I doubt i thought the head of Sovereign Rating and defended his decision to effectively junk russia and he made the call. In responding to some the russian criticism saying he was overly pessimistic a he said, no, i have a more optimistic view of russian growth than the kremlin itself. How can i be too pessimistic . Hes at one of the problems russia is facing is the socalled rainy day funds and reserve fund and welfare fund are not as big as people
Oil is at the moment in dekrien. But when it comes to the oil price, you have to look at it a different way, as well. It can be stable for a long period of time, as well. Mario draghi will take center stage in washington, as well. An outspoken critic tells cnbc the central bank has far overstepped its mandate. According to its opinion, the is illegal. That is the promise to repurchase Government Bonds of problematic country. German exports posted biggest falls since the financial crisis and another sign europes engine is stalling. Webber defends germanys economic model. Im more concerned that we are kind of have the wrong diagnosis of why the German Economy is weak. If you as the medical doctor take the wrong diagnosis, youre very easy to give the wrong medication. Youre watching worldwide exchange, bringing you Business News from around the globe. Welcome to the show. And we just had some flashes out from the European Central bank. It said more would be done if needed. This is its mon
From our studios in new york city, this is charlie rose. The super bowl ended in dramatic fashion last night. The new England Patriots defeated the Seattle Seahawks 2824. The patriots fought back from a 10point deficit in the fourth quarter. It concluded with a costly interception in the final minutes, giving new england its fourth title in 14 years. We played against a phenomenal defense and ultimately made enough plays. Tom brady surpassed joe montanas mark of 11 super bowl touchdown passes. Many consider him the greatest quarterback in nfl history. Joining me is bill cowher of tv cbs sports. His team defeated the Seattle Seahawks in super bowl 40. I am pleased to have him. Where would you rank this super bowl . It is going to be near the top. With everything you have going into it, the two best teams in football, you knew it would live up to its hype, and just the avenue and flow of it, and for a play to come down to a in at the 1yard line, it is going to be one of the top three sup
From other spending that you would be doing another other retailers. As for the broader markets, Oil Continues to be the big driver. Wti crude rallying more than 4 yesterday. That was its best onesession gain since august 2012. But prices are still down about 36 from the high set earlier this year in late june. Take a look at oil prices this morning, youll see right now, down by about 1. 25 for wti. Thats a decline 0686 cents for 68. 14. Andrew, over to you. Thank you, becky. Lets take a look at some stocks to watch this morning. Stocks already on the move, japans asuka pharmaceuticals, buying pharma for 17 a share in cash for about 3. 5 billion. The price tag is roughly 13 premium to yesterdays closing price. Also, cypress Semi Conductor is buying flash memory productmaker expansion in an allstock deal worth about 1. 6 billion. The combined company will keep the cypress name. Each shareholder will get of that entity about 50 of the new company. A mixed quarter for rvmaker Ford Industr