right now from the supreme court this morning. retired associate justice of the supreme court sandra day o connor has died at the age of 93. she is a trailblazer in so many ways. she was the first female member of the supreme court. our ken dilanian is joining us right now with more. ken, what do we know? we are just getting right now a statement from the supreme court announcing her death. the first woman ever appointed to the court, appointed by ronald reagan. the statement said that she died of complications related to advanced dementia, probably alzheimer s, and a respiratory illness. again, she was 93 years old. justice o connor was appointed to the court by president reagan in 1981, and she retired in 2006 after serving more than 24 years on the court. she s survived by her three sons, six grand children, chief justice john roberts said the following about justice o connor in this statement from the court. a daughter of the american southwest, sandra day o connor blaz
Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op
Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op
Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geographically, but the mission is the same. Private sector development, the creation of effective markets. Were still actually operating in oui were still actually operating in our traditional region. But because of the success of the Business Model, we decided we should expand to turkey, central asia and north africa, as you said. It is a sign of success, not mission creep. The problem with that is that from the beginning, you were a Financial Institution underpinned by a clear statement of values. In the places youve just outlined where you operate today, those values do not seem to be applied in the same way. Sometimes there are values, such as political, democratic, values, pluralism, like stated. They are certainly applied inconsistently in some places. But we are very op
Im stephen sackur. Remember the tumultuous events in the early 1990s in Eastern Europe . From the wreckage of the Soviet Empire, a new, freer more prosperous region emerged anchored in the eu and nato. The European Bank of reconstruction and development was created to foster that transformation. My guest today is Bank President , sir suma chakrabarti. These days, many of his investment projects are actually in turkey, central asia and north africa. Has Mission Creep undermined the values of the ebrd . Suma chakra barti, welcome to hardtalk. Nice to be here. Would you agree with me that your bank has moved an awful long way from those early days and from its original mission . No, i wouldnt. I would certainly agree with you that we have expanded our geography, but i would say the mission is the same. Private sector development, the creation of affective markets, were still actually operating in our traditional region but because of the success of that Business Model, our shareholders di