A collapsing economy. And the price of crude climbing a bit higher leading Energy Stocks into the green. Meanwhile, the saudi arabia minister says the country wont slash oil even if nonopec countries do. And the ceo of airbus says they will boost the entire Aviation Industry as it rolls back the first age of a350s. This is a big success of our market. And well address a market of 5,000 and well get more than 50 of marketshare with every 0 50. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And the top story continues to be sony. President obama is moving to prevent u. S. Anger at north korea from getting out of control following the hack attack on Sony Pictures. Pyongyang has denied involvement and vows to hit back against any u. S. Retaliation. Now, the president tells cnn one option to punish north korea could be to return it to the u. S. List of state sponsors of terrorism. But he says the sony act is not and act of war but cyber vandalism. Were
Partially restored in north korea following a ninehour outage, but u. S. Officials deny any action against pyongyang. And another defeat, the greek government is once again tested as lawmakers head into a second president ial vote that could bring the country closer to snap elections. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hi, everybody. Good morning. Glad youre with us here on the next two hours on worldwide exchange. Weve seen another volatile saegz for the ruble. Its given up exchange against the dollar, but trading a little higher against the dollar at the moment. In the last hour, a report emerged that the countrys Prime Minister told the largest state exporter to sell part of their forex reserves. If its in an effort to try to stabilize the currency. It intends to hold consultations with these exporters on these particular measures. The ruble has lost almost 70 against the greenback against the dollar. The worst performing c
Order, bring them back without a default. So to some extent one could strongly developed the argument that in fact it is contrary to what your saying. The forces of society destroy the fabric of society. I mean, there has to be some mechanism by which you have you allow the dream and that you have an adjustment at some point in time. Now, the Gold Standard is not going to change human nature. That is not going to change. And a utopian society only tries to change human nature by ending up crushing people, killing him. So it does not change human nature. You are always going to get, like in the early part of the last century everyone realizing that automobiles were a big thing. We had about the creation of two to 3,000 of manufacturers. How many of them survived . You can count among offenders. Some youre old enough to remember the 80s when we had the first pc boom. A shakeout there. Apple. Atari, commodore, texas instruments, others in the business went by the wayside. That is normal.
Dramatically and i think there is an appreciation of that now whether it was education, 60 of the kids in college today are there on his grant and loan programs, whether it was health, you know, 60 million or 70 million of americans on medicare, another 60 million on medicaid. The corporation for public broadcasting. Charlie we conclude with Lynsey Addario a Pulitzer Prizewinning war photographer and the author of its what i do a photographers life of love and war. Icon front myself with the question, what am i doing here and why am i in libya and why i do care about this particular story enough to give my life . I dont think theres an answer, not certainly in that moment, but it is an answer that i believe this work has to be done and i believe that i have the tools to go to these places and tell these stories and bring it home for a reader in the way thats accessible. Charlie cole bunzel Joseph Califano and Lynsey Addario when we continue. Rose funding for charlie rose has been provi
Dramatically and i think there is an appreciation of that now whether it was education, 60 of the kids in college today are there on his grant and loan programs, whether it was health, you know, 60 million or 70 million of americans on medicare, another 60 million on medicaid. The corporation for public broadcasting. Charlie we conclude with Lynsey Addario a Pulitzer Prizewinning war photographer and the author of its what i do a photographers life of love and war. Icon front myself with the question, what am i doing here and why am i in libya and why i do care about this particular story enough to give my life . I dont think theres an answer, not certainly in that moment, but it is an answer that i believe this work has to be done and i believe that i have the tools to go to these places and tell these stories and bring it home for a reader in the way thats accessible. Charlie cole bunzel Joseph Califano and Lynsey Addario when we continue. Rose funding for charlie rose has been provi