And now, bbc world news america. This is bbc world news america. American spy agencies face criticism again after new reports the u. N. And eight agencies were under surveillance. The former russian oil tycoon is a free man after receiving a pardon from president vladimir putin. Cuba is changing its swing when it comes to baseball. The lure of americas big league is still offlimits. Welcome to our viewers on Public Television in america and around the globe. Tonight am a there are more damaging revelations about the number and type of organizations placed under surveillance are american and british spy agencies. New documents leaked by Edward Snowden suggest targets included , eight agencies, and national leaders. Our security correspondent reports. An embrace between the Prime Minister and Angela Merkel at the european summit in brussels which ended today. The next time they meet, things might be more awkward after fresh allegations surfaced about britain spying on allies, including a
Tonight am a there are more damaging revelations about the number and type of organizations placed under surveillance are american and british spy agencies. New documents leaked by Edward Snowden suggest targets included , eight agencies, and national leaders. Our security correspondent reports. An embrace between the Prime Minister and Angela Merkel at the european summit in brussels which ended today. The next time they meet, things might be more awkward after fresh allegations surfaced about britain spying on allies, including allies in europe. Two months ago, a row broke out overcharges the u. S. Had bugged Angela Merkels phone. Now it appears they may be on a joint list of targets. Indices were on the list. In all, more than 1000 names but also on the list is the Vice President of the european invention to mission, charge of economic competition issues. These allegations are more serious because elation ships between the in you, the u. S. , and commercial activities are going to b
The truth, so help you got . We will be using a timing system today. Please be aware that one minute before the red light comes on, you will see the light change from green to yellow, giving you an opportunity to conclude your remarks. All of your written testimony will be printed in the record in its entirety and we would ask that you try to limit your oral testimony to five minutes. Professor battalio, we will have you go first. Thank you again for your work. Good morning, chairman levin and Ranking Member mccain. Thank you for inviting me to testify today. Its an honor to have the opportunity to present my views on conflicts of interest. In u. S. Equity markets to the Senate Permanent subcommittee on investigations. My expertise is the relationship between order flow inducements offered by dealers and exchanges and the quality of trade execution. Before discussing my Current Research with shane coreland and Robert Jennings id like to provide a bit of context. Orders used by retailer
Testimony. All witnesses who testify before this subcommittee are required to be sworn. At this time i would both of you to please stand and raise your right hand. Do you swear that the testimony youre about to give before this subcommittee will be the truth, the whole truth, and nothing but the truth, so help you got . We will be using a timing system today. Please be aware that one minute before the red light comes on, you will see the light change from green to yellow, giving you an opportunity to conclude your remarks. All of your written testimony will be printed in the record in its entirety and we would ask that you try to limit your oral testimony to five minutes. Professor battalio, we will have you go first. Thank you again for your work. Good morning chairman levin and Ranking Member mccain. Thank you for inviting me to testify today. Its an honor to have the opportunity to present my views on conflicts of interest. In u. S. Equity markets to the Senate Permanent subcommitte
Many are not voting at all. The to live the american gene. Thatck santorum argues they have been abandoned by both parties. Part of the tv this weekend. A new history of the great depression. Join others to discuss this. This week a subcommittee held a hearing to discuss highfrequency trading practices and u. S. Stock market. The witnesses included the and aent and ceo of iex number of executives and u. S. Exchanges. The entire hearing is just under three hours. Good morning, everybody. U. S. Americans image of the stock market is shaped by a single room, the Trading Floor of the u. S. Stock exchange where Traders Await a ceremonial bell to pick up the days activity and then trade shares worth millions of scraps of paper. In reality, most are traded not but florida manhattan computer servers in new jersey. Happens in the milliseconds it takes for in order to travel through the cable. Increasingly, comes from not thoroughly obsessing. There are unfathomable speeds, earning billions up r