Ship. And the spanish jobless rate falls in may. Its the fourth month of declines but 4 Million People are still unemployed. Inflation numbers are due in, which are key for the ecb. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Hello and a warm welcome to todays edition of Worldwide Exchange. Its the first or second trading day of the month of june. And as we start today, the u. S. President barack obama has arrived in warsaw. Poland is his first stop on a fourday tour of europe. Today hes taking part in a celebration to mark 25 years since poland emerged from the communist bloc. The white house has said u. S. Will hold up poland as an example in ukraine. He will also meet the new president of the ukraine. Now, while that is going on, the Gas Companies of ukraine and russia are considering a repayment plan for kievs outstanding bill. If signed, this deal would also guarantee europes supply until 2015. Meanwhile, fighting between Ukrainian Governme
Tonewsmakers is please welcome the ceo the of the Financial Services roundtable. Thank you for being here. Let me introduce you to our two reporters who will be asking questions is weak. And ryandouglas is th tracey. Thank you. The Financial Services roundtable may not be in everyday term to folks at home. Would you explain who the members are . About a hundred of the nations Financial Services Companies Including Asset Management, payment, finance companies and the like. Of policyn Research Issues as well as advocacy and community service. Do you directly lobby . 45 . Out we have a lobbying department. Thats part of what we do. Lets start with ryan tracey. A wanted to ask you about Cyber Security which is something you have all been involved in. It has been in the news a lot over the last several weeks. Bleed bug was disclosed and things were seen with the passwords have been exposed. One of the things you have been advocating for his legislation on this front and congress is not movi
To hold back . That is the debate that is going on. Chair yellen said, for the largest institutions, we may require more capital or reserve for cushion in the future if we have continuing concerns about Systematic Risk to these large organizations. She signaled they would be amped up even higher. Our members are concerned if you go too far what youre going to do is put them at a competitive disadvantage against other banks that do not have that high of a requirement. It is also going to stifle lending which is going to keep the economy moving in a positive direction, particularly when it is still fragile. With all the rules in place, do you think they are reaching a point where the concern will , about too big to fail banks, who will be rescued by the government no matter what happens to them are we reaching a point where regulators are not as fearful about that . I think the regulators i do not want to speak for them, but if you look at the Public Comments and summarize them, they say
Gerri welcome to the willis report. Your show, your money, your voice. Tonight your health care costs. New warnings of how the architect of obamacare processing you can keep your doctor if you paid up with more on this, it has some fire, health fellow at the heritage foundation. Dr. Kevin campbell, cardiologists will were talking about, over the weekend, Ezekiel Emanuel said that, yes, you can keep your doctor, but you may have to pay more. Listen to this. He asked a question, if you like your doctor, you can keep it. Did he not say that, sir . Did not say you could have unlimited. A simple yes or no question. Yes. If you want to pay more for an Insurance Company that covers your doctor, you can do that. This is a matter of choice. You pay more for a wider range of choices or wider range of benefits. Gerri you are a doctor. Did this come as a shock . Not at all. We knew from the very outset that this was going to be ultimately a costly endeavor. We also knew that the way this was struc
I am deeply honored to serve you and to serve president obama in your noble endeavor to achieve israeliPalestinian Peace. The fact that later today, israeli and palestinian negotiators will sit down in this building to resume final status negotiations after a threeyear hiatus is testament to your extraordinary tireless efforts backed by president obama to try to resolve this intractable conflict. President obama made the case so eloquently in his historic speech in jerusalem in march of this year. He argued to an audience of young israelis that peace is necessary. Peace is just and peace is possible. And you, mr. Secretary, have proven him right. Shown that it can be done. I could not agree more with president obama. It has been my conviction for 40 years that peace is possible since i experienced the agony of the 1973 yom kippur war as a student in jerusalem. In those dark days, i witnessed firsthand how one of your predecessors, henry kissinger, broke a ceasefire that ended the war a