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When it comes to combating Climate Change, money talks and nonsense walks and, some are calling nonsense on an agreement made by the u. S. And china today on Climate Change. Announced in beijing during president obamas visit. John kerry called it a milestone. President obama said a new target that would cut u. S. I mention is by as much as 28 of 2005 levels over the next decade. The chinese president wouldnt commit to carbon cuts instead he set a target date for chinas emission to his peak lie by 2030. But power economics will stand in the way of new regulation, Industry Groups here in the u. ...

City. Good morning. I am Erik Schatzker. I am stephanie ruhle. Erik. Its been a while. Good to see you, my brother. My canadian prince. Goldman,e a partner of you get more than the key to the executor of 100 executive. There is a washroom on the executive floor. If i worked on one of those upper floors i would be able to use the restroom. That is me that it is time for the top Global Business stories of the morning. It is another record in what has been a recordsetting year for alibaba. The Chinese Ecommerce Company sold more than 7. 5 billion dollars worth of merchandise in the first 19 hours...

Into ukraine. The u. S. And European Union are discussing whether to impose more sanctions. President obama is set to leave for brisbane, but he is still in myanmar. He met with the Opposition Leader today. The president underscored the u. S. Support. We will continue to be a and i know you will be a Strong Partner for the United States. The u. S. Is trying to make a full and painful transition from the military dictatorship to civilian rule. According to the new york times, the president will refocus the activity of the nations deportation agents. On the president threatening to take unilater...

I am anna edwards. Also, talking the deficit. George osborne tells charlie rose that the u. K. Is a front runner in the world economy. U. K. , weularly in the have a budget deficit, even though it has come down by half. Our debt to gdp is too high at 80 . We want to be in the front ranks of economic nations. Russias currency is in crisis, and its economy is unraveling. The ruble plunged to its lowest ever against the dollar despite the Central Banks efforts to stem the route with its biggest Interest Rate hike since 1998. There is the dollarruble over the last two days. It touched 80 yesterday...

A few minutes for an interview. Rublessian leader and the as the fed rats at its meetings today. Is it time to say time to say goodbye to opec . If the oil cartel cannot affect price anymore, what is the . On assignment. Is he may be back in a few minutes, but in the meantime, a very special cohost today. Of weisenthal is the editor bloomberg markets, but that is not why hes on. Your hair looks so good. To matt miller, obviously fantastic. But standalone, it still looks good. Its time to start the top business stories of the morning. We have seen some very big swings in the ruble today, but no...