This program is 29 minutes long
(London: Chip Reid) President Obama's breakthrough with Russia on nuclear weapons to give the US-Russia relationship a fresh start featured; scenes shown of him with Russian President Dmitri Medvedev, earlier with British Prime Minister Gordon Brown & later at Buckingham Palace with Queen Elizabeth & Prince Philip; joint statement quoted; details given about Obama's plans to visit Russia in July & China later & a likely G-20 summit agreement. [OBAMA - comments on Russia.] [BROWN - praises Obama for changing America.] [OBAMA - comments on consensus.]
(Studio: Katie Couric) Report introduced.
(London: Mark Phillips) The demonstrations in London's financial district reviewed; scenes shown of the street theater of protest, police surging with the protesters, bloody men & the breaking windows at banks. [Protest organizer Camilla POWER- speaks against the skullduggery.]
(Studio: Katie Couric) What Geithner said about restructuring moves in the auto industry by GM & Chrysler mentioned. US auto sales for March cited.
(Washington: Bob Orr) The position taken by the Justice Department that the convictions of former Alaska Senator Ted Stevens, who was convicted of corruption & lost his re-election bid, be thrown out examined; details given about the government's admission about the prosecution's mishandling of the case against Stevens; wiretapped phone conversations played. [Stevens attorney Brendan SULLIVAN- calls the jury verdict unlawful.] [CBS News legal analyst Andrew COHEN- says it is humiliating for the government to mess up this case where there was incriminating evidence.]
(Studio: Katie Couric) The ripple effects on the world's economies examined; details given about the situations in Britain, China, France, Germany, Italy & Ukraine; scenes shown from the streets of London; details given about the human toll. [In Britain, unemployed Tina OWEN - says she has no job; states it is difficult & impossible.] [British chancellor of the exchequer Alistair DARLING- speaks about the down side of globalization; states it is pointless to blame the US.] [London Mayor Boris JOHNSON - says things are tough in London; comments on the idle cranes around town.] [REDC International Div. vice president Greg SPIRO- comments on the repossession market in Britain.]
(Pithiviers, France: Richard Roth) The theatrical phenomenon in France of employees kidnapping the bosses featured; details given of several examples of "bossnappings"; scenes shown of protests in Paris. [CGC union representative Patrice PAILLOUX- says it has not done any good.]
(London: Sheila MacVicar) The mania in Britain for First Lady Michelle Obama, who is visiting during the G-20 summit, featured; scenes shown of a crowd waiting for her & of the Obamas meeting the queen; details given about the penchant for handbags by Queen Elizabeth, former British Prime Minister Margaret Thatcher & Princess Diana while Michelle always seems to be without one. [Three WOMEN - offer views on Michelle.]