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Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Were waiting on ifo data from germany Business Survey data. Its come out significantly weaker than expected. The Overall Index coming in at 1. 08 versus 109. 4. Significantly weaker on the Overall Index. The Current Conditions is coming in at 112. 9 versus a reuters consensus of 124. 5. Weaker than expected on the Current Conditions. Looking at the expectations, much weaker than expected at 104. 5. Lets get straight out to our guest. We were expecting to see a bit of a pullback to these numbers, but ...

From our studios in new york city, this is charlie rose. Im David Remnick filling in for charlie rose on assignment. We begin with the elections in ukraine. Prowestern billionaire Petro Poroshenko was elected by a larger margin on sunday. This is after a protest ousted Victor Yanukovych from office. Russian president Vladimir Putin expressed support saturday saying he would respect any choice made by the ukrainian people. Joining me now from washington is Victoria Nuland, the assistant secretary of state for european and eurasian affairs. Welcome. Tell me. There was the election in ukraine. It...

U. S. House passes a bill to avoid the fiscal cliff, but president obama warns us he doesnt want to go to the brink in the next fight over the debt ceiling. I will not have another debate with this congress over whether or not they should pay the bills that theyve already racked up through the laws that they passed. The budget deal boosts asian stocks in hong kong and australia hitting 19month highs in the first trading session of the year. European equities also share a deal out of washington despite more gloom from the eurozone. Manufacturing has continued to contract according to the latest...

Situation in ukraine. Par chen co has some form of legitimacy but him being able to put together a policy to bring together the various segments of ukrainian of the ukrainian and get a National Consensus which is needed in particular to undertake the very difficult Economic Reforms i think we are going to have to wait and see. It is too much early to declare this crisis over and certainly much too early for washington, brussels, or the government in can i ever to have victory. We include with cartoonist roz chast. Cant we talk about something more pleasant. One of the main reasons i write and ...

Well. The last day on which the United States and the European Union announced sanctions together at the end of april, the russian stock market gained 1. 5 . I would suggest that is not a positive signal for the effect of those sanctions. May 2nd, president obama and chancellor merkel said if russia interfered with the may 20 elections there would be substantial sanctions. There were activities by armed separatists supported by moscow. We have not seen any punishment for that. In the g7 when they met in normandy said there would be additional sanctions over the course of the next month if russ...