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The countrys finance minister backs on demands that they write off the debt. Instead proposing a swap. They send the aussie dollar to a six year low. The Indian Central Bank keeping its powder dry. Youre watching Worldwide Exchange bringing you Business News from around the globe. Hello everybody. Good morning. Welcome to a full two hours of Worldwide Exchange. Good to be back on the show. Great to have you. Great to be back. Lots going on today. Bp shares are already trading higher this morning despite a Fourth Quarter loss on deplacement cost basis. It will reduce cap exspending this year. I...

Has been 30 years of work on individuals and how we sometimes make mistakes so we might make investment errors and we might make errors in our choice of consumer products. We might make errors in what we are scared about what we are not scared of. Theres also been a burgeoning bit of research that hasnt been pulled together on how groups either aggravate or reduce the problems of individuals. That actually is a huge improvement over the idea of groupthink which is kind have been a popular conscious now. Groupthink means that groups often suppress the individual ideas and creativity of their me...

That groups of jurors often appears much higher awards than the average or middle member. So jurys got more punitive with the individuals and also measured how bad they thought the conduct was on a numerical scale and is the average individual was a five in the jury would be a six sum outrage people got more of rage those who want to punish corporations with a 100,000 reward after they talked they moved up 200,000 or 1 million. That is astounding day end up much more outraged than the individuals. That is something to learn about jury behavior. This is fascinating. What is happening is if you ...

Few weeks. Mark had the responsibility of reforming the Consumer Product Safety Commission. It was long overdue. That commission was not exercising its authority and wasnt keeping americans safe as it should. Mark stepped up in a bipartisan fashion, he stepped up, and he ended up strengthening the Consumer Product Safety Commission through his efforts on the Senate Commerce committee. That will keep toxic toys out of stores. Many people recognize what mark pryor contributed in that effort. Parent magazine applauded mark pryor as one of the three movers and shakers in washington in 2005 for his...

Executive positions. The legislation will require large, publicly traded companies to have at least 30 of women on their supervisory boards. Its a welcome first step, a bold move that will crack the Glass Ceiling keeping women from pursuing highpowered positions in big firms, but for some high achievers, the bill does not go far enough. They want a seat at the table not just supervise. This is a first and europes biggest economy and the start of what some say change. The countries leader may be a woman, but in the upper echelons of german business, women are massively underrepresented. Todays ...