This cartoon of uncle sam. It was called a basis deal. An exchange for 50 over age destroys that the british desperately needed to defend their island, the americans had 99 year old on various places in the western hemisphere, which are marked on this map. Its fdr could do this. Because he argued that this was a defensive for the United States. Even then he got a lot of pushback, isolationist, america first, did not believe anything of a kind. They were still dealing with this problem after the election, after the destroy of the bases deal, both churchill and fdr confronted the historic fact which was that britain was literally running out of money to wage war. It was fdr who said he would find a way to take the dollar stein out of this equation. What he came up with was some len lease. Lynn louise, which he proposes in january 1940, one we allow the british to borough mayor can pounce. And much else besides. All of which would be returned to the end of the war. If you think about this
When churchill became Prime Minister in may 1940, uh, he was informed by the chiefs of staff. That any kind of victory that they could hook to gain would only come about through support from the United States. And this became one of churchills primary war aims and that was that was to woo america in general and its president Franklin Roosevelt in particular. After you are really couldnt do much to help the british even though he wanted to until after he won a third term in november 1940 that was because the United States had a large isolationist movement that believed that this country could stay out of the war anymore with the Atlantic Ocean on one side and the Pacific Ocean on the other which i think is perfectly encapsulated by this cartoon uncle sam. Add to that there was an organization in the United States called America First headed by a certified American Hero Charles Lindbergh the first man who flown across the atlantic in 1927 nonstop and America First was extraordinarily inf
Military discussion around rounds and moving towards what the consumer and commercial prospects are. A lot of discussion this week at facebook attention week interested in buying into this area. First, i want to get to this lead, which is microsoft. So many different moving parts of the company. The incoming ceo starting to make changes to management. The out going ceo speaking at oxford union about many things, including describing microsoft as a two trick pony. Also suggesting it was a bad move to move into hardware late in the game to go along with the software business. Bloomberg news also reporting behind the scenes happenings at microsoft the past few months, including that Steve Ballmer struggle to get the board approval on the 7 billion plus purchase of the handset business. On the development, i want to bring in matt mcewan. Seattlebased Venture Capital firm. You are right there alongside microsoft. Quite know the new ceo well. Starting with what Bloomberg News is reporting. A
Go into the numbers. Thank you. You are watching the figures in 15 minutes from now. Indeed. We are expecting a drop in profitability for the first time in a decade and there is emerging markets and a bit to china. Want to know about the divisions be undertandards could the microscope. That will give us something to look at. China and were watching the ukraine, the futures, the ecb. The index in europe and the payrolls and the United States of america. It is called adt. It is a curtainrazor. What is happening in europe. It is from Morgan Stanley and he said the big debate is between deflation in the eurozone and the risk is high and rising. Today in piece written our print division and he is the chief economist. The risk stands at 35 in the eurozone unless the ecb gets the ax gather. And it is rising by a tense of one percent. The numbers are doing nicely. Lets give you a quick indication on the companys that we mentioned at the top the show. Still waiting for this to open. David tweed
European headquarters in london. Ballmers big up, regret. What he wished he had done differently at the company. I do not know whether we were too busy or we only know the tools of the first two tricks. You will be hearing more from mr. Ballmer later this hour. Now, lets get to our top story. We begin with the continuing standoff in the ukraine. A war of words from the International Community as president putin maintains the legitimacy of his actions in crimea. Top diplomats from russia and the u. S. Are set to meet. Ryan chilcote is following the story from kiev. Bring us up to speed. We are dealing with diplomacy rather than boots on the ground. A tense standoff here in ukraine. While diplomacy kicks off, the Russian Foreign minister is going to meet with the u. S. Secretary of state on neutral ground in paris. President obama did speak a few days ago to president couldnt for 90 minutes. Clearly, not much came of that conversation. We separately heard from both president s talking to