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IDESK

Pope Releases Sweeping New Paper on Family Life; Cameron Reveals He Held Shares in Offshore Fund; Tensions High Ahead of New York Primary; The Most Dangerous Dam in the World; Brazil Struggles to Sell Tickets to Rio Olympics; The Democratic Race for 2016; CNN Style Coming to TV. Aired 10- 11a ET

Aired April 8, 2016 - 10:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.


[10:00:00]

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ROBYN CURNOW, CNN HOST (voice-over): Ahead at the INTERNATIONAL DESK, the pope unveils new guidelines for Catholic families.

David Cameron's rivals accuse him of hypocrisy.

And Bill Clinton confronts protesters at a campaign event for his wife.

(MUSIC PLAYING)

CURNOW: Hello and welcome, I'm Robyn Curnow.

A pope known for changing the tone of the Catholic Church is once again urging a major shift in attitude.

(BEGIN VIDEO CLIP)

CURNOW (voice-over): A new document Pope Francis calls for greater acceptance of homosexuality and divorce but the guidelines make no official

change in doctrine.

(END VIDEO CLIP)

CURNOW: Vatican correspondent Delia Gallagher joins me now from Rome.

Hi, there, Delia. So this is about more grace, less dogma.

DELIA GALLAGHER, CNN VATICAN CORRESPONDENT: Yes, Robyn, and he repeats it over and over again, that harsh judgments should be avoided in the face of

complex family situations. So this is a classic Francis situation, where he's not changing any of the rules but he is saying I can't apply rules in

a blanket sort of way to what are very different kinds of situations around the world.

So we know, for example, that the traditional Catholic teaching is that marriage is between a man and a woman. The pope repeats that. He repeats

that gay unions cannot be the equivalent of marriage.

At the same time, he calls upon his pastors in the face of families that are in what they call irregular situations, which generally they mean

divorced and remarried or couples living together or any sort of family situation that comes to the pastor that wants to participate in the life of

the church.

Pope Francis says the first point must be to accept the people where they are and to bring them into the fullness of the church eventually. So this

is the real key point. We don't have a major change in doctrine but we do have a change in the way this doctrine should be emphasized at the ground,

grassroots level -- Robyn.

CURNOW: And I think that's the key. It's not a top-down dictate here. He's very keen to say this is about pastoral care and the fact that it's

woolly, the fact that it's gray is exactly his point. He says life is not black and white.

GALLAGHER: Exactly. He doesn't shy away from what others might call ambiguity. He does put a lot of responsibility onto his local priests.

And for example, one of the hot-button issues was the question about communion for divorced and remarried Catholics. And there's a fairly

straight forward rule that, if you're divorced and remarried, you cannot receive communion.

The pope didn't come down and say yes or no on that issue, even though the bishops had debated it quite hotly. Instead he says that needs to be

looked at on an individual level with the consciences of the individuals involved. There are lots of reasons for divorces and maybe there are

mitigating circumstances that would allow the couple to fully participate in the Catholic Church -- Robyn.

CURNOW: Delia Gallagher there in Rome, thanks so much.

So as Delia was saying, a lot more responsibility in the hands of Catholic priests. I want to bring in our CNN religion commentator, Father Edward

Beck, live from New York.

Hi, there, Father.

How does this affect how a priest ministers to his flock?

FATHER EDWARD BECK, CNN RELIGION CORRESPONDENT: Well, it affects it a lot because it reminds us that we're called to be shepherds of mercy. We're

supposed to help people form conscience, the pope says. We're not supposed to be their conscience. We're not supposed to be laying laws on it to make

it more difficult for them.

But how can they be more included in the Catholic community?

So in a sense the law may not have changed but a lot of people even practicing Catholics didn't realize that this was the law, that one's

individual conscience -- by the way, Vatican 2 said this -- is the highest moral barometer for somebody so that somebody can come to a decision in

themselves that might be contrary or not fully in accord with Catholic teaching.

But if their individual conscience leans them there, then they have to follow their individual conscience. That is church teaching. And Pope

Francis is reminding us that priests and bishops have the responsibility to help people reach that informed conscience to make those kinds of

decisions.

CURNOW: And that's what is -- many Catholics around the world will be receiving this news with a great --

[10:05:00]

CURNOW: -- deal of hope and grace as the pope wanted them to.

But isn't there also going to be a huge problem on how this is rolled out?

Isn't there going to be huge inconsistencies in the way priests and different parts of the world will interpret this tone, this new tone?

BECK: That may be true, Robyn. But I think what's great is that the pope has this document for all of the faithful. So he's saying, yes, bishops

and priests, you are required to standby this and minister this.

But the faithful, you have to know that this is your right. This is your duty as a practicing Catholic or as somebody who may feel outside of the

church and wanting to be more included. So you know this now and you have the responsibility therefore to do what you need to do in your life to make

sure you are more included.

So, yes, I suppose it can be, in certain diocese, administered differently. But really we're hearing from central government here, the pope himself,

that this is what he wants the worldwide church to do. He says there are cultural differences. There are language differences.

CURNOW: Well, let's talk about the cultural differences because when you talk about central government here, saying the pope's saying, listen, this

is a change in tone, but when you talk about government, some governments have in law written their perspective on contraception or homosexuality or

on divorcees remarrying in many Latin American countries or in Africa.

This is going to perhaps be a tug between the church and legislation sometimes.

BECK: It certainly will be. And I think the pope would intend that, that that is why we have the separation of church and state because, if there

are situations of injustice in the law, the pope says that the church needs to stand on the side of people, on the side of mercy, on the side of

inclusion and on the side of understanding.

So, in fact, this will help people in those situations to be able to have a church that supports them against certain laws that may be discriminatory.

The pope says in here with gay people, there is no reason in any fashion for discrimination. They must be fully included into the life of the

church.

Now you may not agree with same-sex marriage -- and the pope does not.

But he says just because somebody doesn't reach the fullness of what the church teaches doesn't mean they are excluded or excommunicated. Get them

into the tent, into the fold and allow that process to develop as part of the faith community. So it's really a message of inclusion, of mercy, of

forgiveness, of come join us and be on the way with us.

CURNOW: And we can't overstate enough just how important and how much this means to millions and millions of people around the world. And I think

that is what is so key about this. This is a broad, sweeping shift in the tone of the Catholic Church, which will be very well received in many parts

of the world.

Father Beck, thank you so much.

BECK: Thank you, Robyn.

CURNOW: Well, Britain's Labour Party is accusing Prime Minister David Cameron of hypocrisy after Mr. Cameron revealed his own shares -- he owned

shares in an offshore fund set up by his late father. His admission comes amid fallout from the so-called Panama Papers scandal. Frederik Pleitgen

joins us now live from London with the details.

So the prime minister has been accused of hypocrisy.

FREDERIK PLEITGEN, CNN SENIOR INTERNATIONAL CORRESPONDENT: Yes, he absolutely has, by some of his opponents.

And the big question of course is, Robyn, how dangerous could this be for the prime minister politically?

It looks as though at this point in time even though some were accusing him of hypocrisy that it's not something that would force him to resign or

something that in any other way could be dangerous to his actual political career.

However, it is certainly something that does weigh on him and really for two reasons, Robyn.

On the one hand, people say, look, this came to light in the papers known as the Panama Papers. And David Cameron over the past couple of days has

offered five different explanations as to the involvement, as to what exactly he owned in an offshore company that was set up by his father.

The other thing is that some politicians are saying for a long time, David Cameron has been saying that it's morally wrong to try and bring your cash

overseas to try and get tax benefits for it. And so therefore they believe that it's something, as some say, that is hypocritical.

Now the prime minister himself has said there was no wrongdoing, there's absolutely nothing to indicate that any of this was in conflict with the

laws of this country or with any other sort of European laws and he also says that on the money he made, he did pay taxes. Let's listen into an

interview he gave our affiliate, ITV, last night.

(BEGIN VIDEO CLIP)

DAVID CAMERON, PRIME MINISTER, GREAT BRITAIN: We owned 5,000 units in Blairmore Investment Trust, which we sold in January 2010. That was worth

something like 30,000 pounds.

UNIDENTIFIED MALE: Was there a profit on it?

CAMERON: I paid income tax on the dividends but there was a profit on it. But it was less than the capital gains tax allowance.

[10:10:00]

CAMERON: So I didn't pay capital gains tax. But it was subject to all the U.K. taxes in all the normal ways.

(END VIDEO CLIP)

PLEITGEN: So that's the prime minister's explanation there, again denying any sort of wrongdoing and also saying that the reason why he sold his

share in that company that was set up by his late father right before becoming prime minister was because he didn't want to have any sort of

conflict of interest between the things he used to do as prime minister and of course any sort of earnings or any sort of financial things that he

would have had -- Robyn.

CURNOW: Thanks so much, Fred Pleitgen there in London, updating us on the story that is on the front pages of just about every newspaper in the U.K.

Thanks so much, Fred.

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CURNOW: And turning now to the battle for votes in New York. It's been a long week of campaigning, with cheers and even some jeers for the U.S.

presidential candidates as they try to win over voters in the delegate-rich state. Phil Mattingly shows us how they are navigating the crowds in and

around New York City.

(BEGIN VIDEOTAPE)

PHIL MATTINGLY, CNN CORRESPONDENT (voice-over): 2016 presidential hopefuls hitting the streets of the Big Apple, courting voters ahead of New York's

primary. Ted Cruz in Brooklyn making matzo. Secretary Clinton attempting to drum up support among subway riders and fending off Senator Bernie

Sanders' attacks.

SEN. BERNIE SANDERS (I), VT., PRESIDENTIAL CANDIDATE: Are you qualified to be President of the United States when you're raising millions of dollars

from Wall Street, an entity whose greed, recklessness and illegal behavior helped destroy our economy?

MATTINGLY (voice-over): Sanders refusing to back down Thursday.

SANDERS: I'm not going to get beaten up. I'm not going to get lied about. We will fight back.

MATTINGLY (voice-over): Clinton trying to take the high road with a stop in front of Yankee Stadium.

HILLARY CLINTON, FORMER SECRETARY OF STATE, PRESIDENTIAL CANDIDATE: I don't know why he's saying that. But I will take Bernie Sanders over

Donald Trump or Ted Cruz any time.

MATTINGLY (voice-over): Tensions in both races ratcheting up, with Ted Cruz continuing to defend his New York values comments, slamming New York's

politicians and Donald Trump.

SEN. TED CRUZ (R), TEXAS: Our friends in the media tell us that Donald Trump is unstoppable in New York State. And they really want to see a

general election between two New York liberals, who agree on Washington being the center of the universe.

MATTINGLY (voice-over): John Kasich looking to capitalize on the backlash, touring a deli in the Bronx.

GOV. JOHN KASICH (R), OHIO: (INAUDIBLE) on the top of this. Mamma mia.

MATTINGLY (voice-over): Both his campaign and super PAC launching full- scale attack ads aimed at Cruz.

(BEGIN VIDEO CLIP)

UNIDENTIFIED FEMALE (voice-over): Ted Cruz sneered at our New York values.

UNIDENTIFIED MALE (voice-over): New Yorkers aren't stupid, Ted.

MATTINGLY (voice-over): Donald Trump seizing on his home court advantage.

DONALD TRUMP, REPUBLICAN PRESIDENTIAL CANDIDATE: This is home. It's great to be home.

MATTINGLY (voice-over): Backing out of scheduled stops in California and Colorado to take closed door meetings with his staff.

(END VIDEOTAPE)

CURNOW: OK, there we go, Phil Mattingly on the candidates all seemingly trying to out-New York each other there.

Sanders is now softening his tone against Clinton and whether she's qualified to be president. Listen to what he said just a short time ago in

an interview on NBC.

(BEGIN VIDEO CLIP)

SANDERS: I've known Hillary Clinton for 25 years. I respect Hillary Clinton. We were colleagues in the Senate. And on her worst day, she will

be -- she would be an infinitely better president than either of the Republican candidates.

UNIDENTIFIED FEMALE: She's qualified?

SANDERS: Of course.

(END VIDEO CLIP)

CURNOW: You're watching CNN. Still ahead, U.S. Secretary of State John Kerry is now in Iraq, holding key meetings with top officials. What he

hopes to accomplish during the unannounced visit.

Also: Brazil's famous for its beaches, Carnival and hopes for successful Olympics. When we come back, how political unrest, the Zika virus and

economic and political woes threaten the upcoming Rio games.

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[10:15:00]

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CURNOW: U.S. Secretary of State John Kerry is in Iraq, trying to shore up support for the country's embattled prime minister. Haider al-Abadi is

seeking to reshuffle his cabinet and calls for government reform. There are concerns the escalating political crisis could threaten Iraq's fight

against ISIS.

Earlier Kerry pledged to increase humanitarian assistance for Iraqis displaced by the conflict.

(BEGIN VIDEO CLIP)

JOHN KERRY, SECRETARY OF STATE: The United States has provided more than $623 million just to Iraqi refugee situation. And this is in life-saving

humanitarian assistance for the Iraqi people since the start of the crisis.

And today I'm pleased to announce an additional sum of nearly $155 million for Iraqis affected by the ongoing violence.

(END VIDEO CLIP)

CURNOW: The United Nations report from earlier this year estimated more than 3 million people had been displaced by violence in Iraq. And not far

from the front lines against ISIS in Iraq, engineers are waging another battle. They are working to save Mosul Dam.

Arwa Damon investigates how the structure is holding up with all the fighting around it.

(BEGIN VIDEOTAPE)

ARWA DAMON, CNN SENIOR INTERNATIONAL CORRESPONDENT (voice-over): It has been described by some as the most dangerous dam in the world. The Mosul

Dam, the largest in Iraq, which produces hydroelectricity, is built on a foundation of soft gypsum rock, making erosion a constant challenge.

We enter the underbelly of the dam to see how it is even still standing. Completed in the mid-1980s, what keeps it all intact is a process that

needs to happen daily.

Workers are drilling bore holes. This one will go down 150 meters or around 500 feet.

DAMON: Drilling that particular distance takes about a week and the machines go up and down along the length of the dam, breaking up and then

repouring cement to try to ensure the stability of the dam's foundation.

DAMON (voice-over): It's a process called grouting. When ISIS briefly took over the dam in 2014, this was halted for 45 days. Intense around-

the-clock grouting reversed those weaknesses. The U.S. recently issued a stark warning, describing the potential for collapse as, quote, "serious

and unprecedented."

A catastrophic event that would see Mosul, Iraq's second largest city and under ISIS control, entirely submerged with flooding as far downstream as

Baghdad.

That warning said the lives of up to 1.5 million Iraqis would be at risk.

But the dam's manager, Riyad Al-Naemi, insists that disaster is not imminent.

RIYAD AL-NAEMI, MANAGER, MOSUL DAM (through translator): If the dam were to collapse when the water level is at 330 meters above seawater, then,

yes, Mosul would be flooded. But with current levels, there would be minimal damage.

DAMON (voice-over): The seepage is one of the reasons why, he says, the U.S. is so concerned but he claims his team has determined that it is not

impacting the dam's foundation.

Still last year, the U.S. installed an early warning system they monitor regularly. And there is an urgent need for repairs.

DAMON: Millions of Iraqis are directly reliant on the Mosul Dam in one way or another. But years of neglect due by the Iraqi government due to

politics, bureaucracy and corruption are already being felt.

DAMON (voice-over): Couple that with security concerns that for years kept international companies from taking up the job. An Italian company has

just been contracted to repair and refurbish the dam. But work is yet to begin.

And in Iraq where nothing is ever --

[10:20:00]

DAMON (voice-over): -- entirely predictable, it is always the best to plan for the worst -- Arwa Damon, CNN, Mosul Dam, Iraq.

(END VIDEOTAPE)

CURNOW: Thanks to Arwa for that report, amazing access.

Two ferries carrying more than 120 migrants have returned to Turkey from the Greek island of Lesbos. Greece is sending refugees and migrants who

enter the country illegally to Turkey as part of a new deal with the European Union.

In return, the E.U. is taking thousands of Syrian refugees directly from Turkey. Human rights activists and the U.N. say the agreement may violate

international law.

Now to Bangladesh, where yet another writer's murder has sparked protests and a warning from the government to others who write against Islam. CNN's

Ivan Watson has more.

(BEGIN VIDEOTAPE)

IVAN WATSON, CNN SENIOR INTERNATIONAL CORRESPONDENT: Small groups of protesters have come out in the Bangladeshi capital, calling for justice

after the murder of 26-year-old writer Nazimuddin Samad. He was ambushed by a group of machete-wielding attackers on his way home from classes on

Wednesday evening, hacked with those machetes and then shot and killed.

And eyewitnesses heard the attackers yelling, "Allahu Akbar," as they fled and escaped the scene. Now the Bangladeshi government says there have so

far been no claims of responsibility and no arrests. The modus operandi of this attack fits very much at least five previous attacks in the past 14

months that have resulted in the assassinations of five other writers and publishers who dared to challenge Islam or question organized religion,

either on social media or in published books.

But while calling for an investigation into these murders, the Bangladeshi government has also suggested that many of these writers crossed the line,

that they violated anti-blasphemy laws in the country. Take a listen to an excerpt from this interview.

(BEGIN VIDEO CLIP)

UNIDENTIFIED MALE: You call for a threat when you are hurting somebody else's religious feelings. It is quite natural. Of course, we accept

expression of freedom of expression and expression of free thought; we surely -- we are willing protect it.

But the thing is that it should be contained to that extent that it does not hurt somebody else's feelings.

WATSON (voice-over): Bangladesh is a majority Muslim country but it also has a sizable Hindu religious minority and secularism is protected within

the constitution.

But there are fears right now -- certainly from within this group of intellectuals who promote secularism -- that they are very much the target

of a campaign of assassinations.

(END VIDEO CLIP)

WATSON: The U.S. State Department said that it is considering offering basically asylum to some of these writers who feel very much at risk right

now.

There has also been a string of violent attacks across the country in recent months against religious minorities. And that has called --

resulted in some people calling the Bangladeshi government to take more firm measures to stop this extremist violence that continues to claim lives

in the country -- Ivan Watson, CNN.

(END VIDEOTAPE)

CURNOW: Thanks to Ivan for that report.

Now the Rio Olympics are just four months away but only half the tickets are sold. This as Brazil's political and economic turmoil, along with the

Zika outbreak, threaten to overshadow the event.

Well, our Shasta Darlington is in Rio with the latest.

There's a lot to worry about, isn't there?

SHASTA DARLINGTON, CNN INTERNATIONAL CORRESPONDENT: There really is, Robyn. And the main issue -- you pinpointed it -- are those ticket sales.

While they have managed to tackle a lot of the other problems, the ticket sales is sticking out; they've got only half of them sold. London was much

further ahead.

And yet they have to prove, over the next four months, they can sell them. They are confident they can. They say that the Brazilians are

traditionally late buyers. And as soon as the torch relay starts making headlines, they are going to forget about their problems at home.

(BEGIN VIDEOTAPE)

DARLINGTON (voice-over): On the ground, the obstacles seem nearly insurmountable, from dueling political protests, fuelled by a crippling

recession and massive corruption scandal, to a Zika virus pandemic, spread by mosquitoes and linked to devastating birth defects.

But so far those obstacles haven't had the impact you might expect. As the glossy promo videos show, preparations for the 2016 Olympics actually are

looking pretty good. More than 95 percent of the venues complete without going over budget. Organizers are betting the Olympics will be --

[10:25:00]

DARLINGTON (voice-over): -- the game-changer.

MARIO ANDRADA, SPOKESMAN, RIO 2016: We want the games to be the turnaround moment. We want the games to bring good energy. We have been working for

almost 10 years for this moment to happen.

DARLINGTON (voice-over): A challenge still to be overcome: only half the tickets have been sold.

Can they fill these stands?

ANDRADA: We are very confident in the Olympic tickets that we're going to sell, everything that we have remaining, around the beginning of the torch

relay.

DARLINGTON (voice-over): He says Brazilians are always late buyers.

As for international tourists, organizers still expect half a million visitors to descend on Rio.

DARLINGTON: The hotel association says there haven't been any cancellations despite this spate of bad publicity; in fact, just the

opposite. They say with the cheaper currency the hotels are almost 100 percent booked already.

DARLINGTON (voice-over): On the beach, tourists are concerned but not enough to stay home.

UNIDENTIFIED MALE: There are so many beautiful things here. But I know as well about the corruption and about the problems that this society has.

UNIDENTIFIED FEMALE: We're a little more concerned about the Zika virus.

DARLINGTON (voice-over): City officials are convinced the Olympics will actually inspire return visits.

UNIDENTIFIED MALE: We're going to showcase this city and probably we're going to have in 2017 a lot of people want to come to Rio.

DARLINGTON (voice-over): Perhaps for those magic encounters like we had with singer Seu Jorge (ph), who sums it all up.

(MUSIC PLAYING)

DARLINGTON (voice-over): "Marvelous city, a thousand enchantments."

(END VIDEOTAPE)

DARLINGTON: Another little detail here, Robyn: although only half of the tickets have been sold, most of the premium tickets are already gone, which

means they have collected about 76 percent of revenues.

CURNOW: OK. So that's good news in some ways. But let's just talk. We have spoken over the last few weeks, last few months on this political

crisis that really has gripped the country.

How much of an impact is that having on the Olympics?

DARLINGTON: Well I think there are a couple things you could look at. One is what some of the tourists were getting at and that's just if they keep

having these protests and these broadcasts around the world, it does show this image of civil unrest. And that could obviously upset some potential

visitors.

Another interesting detail: President Dilma Rousseff has just cancelled her trip to Greece for the lighting of the torch as she thinks this

impeachment -- she really doesn't want to leave that presidential seat empty, especially since it would be taken over by the vice president, who

is set to take over if she's impeached -- Robyn.

CURNOW: Shasta Darlington there in Rio, thank you very much.

I'm Robyn Curnow, you're watching the IDESK. Much more news after this break.

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[10:30:00]

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CURNOW: You're watching the INTERNATIONAL DESK. I'm Robyn Curnow. Here's a check of the headlines.

(HEADLINES)

CURNOW: And protests and hecklers are part of the political landscape in U.S. elections. During a rally for his wife Thursday, former U.S.

president Bill Clinton was interrupted by hecklers supporting the Black Lives Matter movement. That orange signs says "Hillary is a murderer."

They are angry that she used the phrase "super predator" to describe black youths 20 years ago. The former president forcefully defended his wife.

(BEGIN VIDEO CLIP)

BILL CLINTON, FORMER PRESIDENT OF THE UNITED STATES: I don't know how you would characterize the gang leaders who got 13-year-old kids hopped up on

crack and sent them out onto the street to murder other African American children.

Maybe you thought they were good citizens. She didn't. She didn't. You are defending the people who kill the lives you say matter.

(END VIDEO CLIP)

CURNOW: Some impassioned words there from the former president.

Now Hillary Clinton's opponent, Bernie Sanders, who attacks Wall Street at every turn, has been ripping U.S. manufacturing giant General Electric over

some of its business practices.

Now GE is fighting back. CNNMoney correspondent Cristina Alesci joins me now from New York.

So hi, there, Cristina. This is really America's socialist presidential candidate facing off against one of America's most powerful capitalists.

What are they saying?

CRISTINA ALESCI, CNNMONEY CORRESPONDENT: That's right. And this is round three in an argument in a back-and-forth that's been raging for the past

couple of days and it just got personal today. Bernie Sanders' camp saying essentially that GE's CEO has a multi-million dollar retirement package; at

the same time he leads -- he is part of a business group that is arguing for a reduction in some social benefits like Social Security, Medicare,

Medicaid.

So that is where we are at this point. But this all started back on Tuesday, when some comments that Bernie Sanders made in an ed board meeting

for a New York newspaper came to light and he basically said that GE was robbing America, ruining the fabric of this country because it was shipping

jobs overseas, it was shipping factories overseas.

And this is really a new thing for Bernie because we've heard him talk about the big banks and wanting to break up the big banks. But to take on

an iconic American manufacturing company that everybody associates with America is really a new turning point for him. And he's really going after

them.

CURNOW: Yes. And the CEO really comes back in this "Washington Post" op- ed.

So with that in mind, let's get down to some nuts and bolts here.

How many American GE employees are there now versus years ago?

How does this play out in the argument?

ALESCI: Look, to a certain extent, Bernie Sanders is right. GE employs about 40 percent of its workforce as American versus about 70 percent back

in 1995. So massive reduction there.

Also there are 10 fewer GE plants in the U.S. than there were back then; while you have seen plants in other countries created, about 58 of them

around the world.

But again, this is very consistent with what other companies have done really in the U.S. They go where the growth is. I'm not trying to

apologize for any U.S. companies but the reality is that they are going to go where they can get better competitive labor. They are going to go where

the growth opportunities are.

And we don't know what all of the business reasons were but it does seem like specifically GE got under Bernie Sanders' skin, because, again --

[10:35:00]

ALESCI: -- there are other American companies that do this sort of thing. GE is not the only one.

CURNOW: No, indeed not. Thanks so much, Cristina there in New York.

Well, staying with the American economy, Federal Reserve chair Janet Yellen says the U.S. economy is making tremendous progress, recovering from the

damage of the financial crisis.

In a landmark interview with Yellen and the three living previous Federal Reserve chairs, CNN's Fareed Zakaria asked if there is an economic bubble

forming and if the economy -- is the economy as perilous as some candidates on the campaign trail are suggesting.

(BEGIN VIDEO CLIP)

JANET YELLEN, CHAIR, FEDERAL RESERVE: This is an economy on a solid course, not a bubble economy. We tried carefully to look at evidence of a

potential financial instability that might be brewing. And some of the hallmarks of that are clearly overvalued asset prices, high leverage,

rising leverage and rapid credit growth. We certainly don't see those imbalances.

(END VIDEO CLIP)

CURNOW: OK. And you can see more highlights of that conversation on "FAREED ZAKARIA GPS" this Sunday at 3:00 pm in London and 10:00 pm in Hong

Kong, right here on CNN.

The world of style is much more than just fashion these days. A big shift is taking place in cultural capitals growing well beyond the West. CNN is

showcasing that new trend with an exciting new show. We'll tell you about that -- next.

(MUSIC PLAYING)

(COMMERCIAL BREAK)

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CURNOW: After being off air for 15 years, CNN Style is coming back. This time it will be focusing on more than just fashion; art, design,

architecture of course are all in the mix. The aim here is to cover all aspects of style in a truly global way. Here's a glimpse.

(BEGIN VIDEO CLIP)

(MUSIC PLAYING)

DEREK BLASBERG, HOST, CNN STYLE (voice-over): I'm Derek Blasberg. Welcome to CNN STYLE.

SHEIKH AL-MAYASSA: I think it is very powerful because it has no boundaries. And you don't need to belong to any country or religion or

social class.

LEWIS HAMILTON: I'm not particularly interested in people telling me, oh, that's going to be worth something if you get that. I'm more interested in

things that catch my eye.

UNIDENTIFIED FEMALE: I think this show's the most mature show that I have done. And I think it really is me thinking about what art is for me, what

it can do for me.

UNIDENTIFIED MALE: (INAUDIBLE) exciting to have new eyes looking at your work and seeing what you're up to.

TRACEY EMIN, ARTIST: It's exciting for me but it's nervewracking as well. It's this whole new --

[10:40:00]

EMIN: -- Chinese, Asian audience that will be looking at my work for the first time.

(END VIDEO CLIP)

CURNOW: Well, a bit earlier I spoke to the new "CNN STYLE" host, Derek Blasberg, about his goals for the show. Take a listen.

(BEGIN VIDEOTAPE)

CURNOW: So what do you think is stylish?

Who do you think is stylish?

What is the epitome of style these days?

We're overwhelmed by images.

How do you cut through all of that?

BLASBERG: Well, the good news is that with this show, I have really had to sort of focus on some of the names that I really admire. So in art, for

the first episode, we spoke to Tracey Emin, a London-based artist, about how her work has changed.

And she was really embraced by the style and fashion community early in her career as being a provocateur. And now her work has been redefined and

it's more subtle and it's more soft and it's more feminine.

So some huge names in fashion, Karl Lagerfeld I already mentioned, Miuccia Prada is hosting the Met Ball next month; she's a big name in the world of

fashion and style.

And also in architecture, Frank Lloyd Wright, he has a beautiful plantation that I visited, which you may have seen if you followed me on Instagram,

called Auldbrass.

All I think these big names, Frank Lloyd Wright, Miuccia Prada, Karl Lagerfeld, Tracey Emin, that's what we're trying to home in on with this

show. And so we're hoping people will turn in.

CURNOW: The Fallingwater, I think is one of my favorite Frank Lloyd Wright buildings. But I think that is also the point. These are big names you're

talking about. They have access to the companies that have supported them. They have long, illustrious careers.

What about style in other parts of the world?

I'm from Johannesburg and I know there's an extraordinary sense of street style within South Africa, within Africa when I've traveled there.

How in a way different is that?

And in many ways, isn't it more important that that is captured and that, in a way, becomes more of a story rather than the Karl Lagerfelds?

BLASBERG: Well, that's what we're hoping to really explore with this show, is that there is a time, I think, especially in modern culture, where

different cities were limited to their local style. That's sort of how street style emerged. It almost became cliche; you found very colorful

street style in England and London. We got laid-back street style in a place like Los Angeles.

So I think what we would like to do in this show is visit some of those cities and really dive into what those local street cultures are like.

And hopefully sort of blow it out.

CURNOW: Where do you want to go?

What for you is on your wish list?

BLASBERG: I grew up in St. Louis, Missouri, which is not known for its stylishness.

CURNOW: So anywhere basically?

BLASBERG: Anywhere, everywhere, even St. Louis.

(END VIDEOTAPE)

CURNOW: This month's episode focuses, as you saw, on the contemporary art world and it also visits Asia's International Art Fair in Hong Kong. You

can tune in this Saturday at 1:30 pm in London. That's 8:30 pm in Hong Kong. And it's not just on TV; check out our online content at

cnn.com/style.

That does it for us here at the INTERNATIONAL DESK and my very stylish team. I'm Robyn Curnow. Thanks so much for joining me. I will be back

though, in about 15 minutes with more news. In the meantime, I'm going to hand you over to Alex Thomas and "WORLD SPORT."

END