greeks don't queue for cash as euro gives athens a final deadline to make a deal with its creditors. ♪ ♪ the world news from al jazerra. coming up in the next half hour. financial fears in china as share prices plunge on the country's stock market. a year after a brutal conflict the children in gaza are still struggling to cope with the trauma of war. and from beekeepers to doctor how immigrants in australia are taking up jobs that can't be filled by locals. ♪

♪ european leaders say sunday is the final deadline for greece to secure a deal over its debts and save its economy from collapse. an emergency summit in belgium ended without agreement late on tuesday. the european central bank says it will keep greek banks afloat until the sunday deadline. jacky rowland reports now from brussels. >> reporter: after many hours of meetings and the customary working dinner, eurozone leader finally gave their verdict. greece had not told them what they wanted to hear. >> translator: we had a long and intensive discussion and in summary i can tell you that after the deliberations that we had tonight the preconditioned of the resumption of the program on the basis of the european stability mechanism are not there. >> reporter: greece now has two days in which to table detailed proposals. then leaders from the whole

european union will immediate on sunday to decide its fate. >> stark reality is that we have only five days left to find the ultimate agreement. until now, i have avoided talking about deadlines. but tonight i have to say it loud and clear that the final deadline end this week. >> reporter: this is probably the most serious threat to the euro since the single currency came in to existence. this is something that primarily affects the 19 countries of the eurozone, however the implications could potentially go much further, which is why all 20 aid countries, member states of the european union will attend that meeting on sunday. the leaders say their priority is to protect and strehl then the euro. none say in public that they want greece to leave b you but if

it happens they say they are ready. >> we have a prepared scenario prepared in detail. we have a scenario as far as human tear i didn't know aid is concerned and we have -- and that's the scenario i must refer a scenario to deep with the problem now keeping greece as a member of the area. i am stoppingly strongly against the exit but i cannot spring it in the greek government doesn't not what 'do what we expect them to do. >> reporter: a grave situation but the greek prime minister left smiling. >> translator: we have the greek people on our side. the vast majority want an agreement that gives us the prospect of finally exiting the crisis. >> reporter: he may have won the referendum at home, but he faces a much bigger battle to convince his european colleagues. will greece be in or out? the clock is ticking.

jacky rowland, al jazerra brussels. >> let's go now to john who is in athens for us now. john, with the situation still tense there, with the eurozone and greece, is greece preparing for a possible exit from the eurozone? >> reporter: well, i don't know that there is much that ordinary greeks can do for that. they are simply wasn't waiting and hoping. and i think the mood here is characterized by these front pages in today's papers this. from the government's mouth piece. the official party newspaper. there is a five-day race for a final solution. and this from an opposition friendly paper that was in favor of the yes vote. the euro, or the drag drachma on sunday. that's how people feel right now. these are the last days of talks, people here do understand that. it's what it'sed mood it's the mood

european leaders have reflexeded after their statements last night after the euro group and summit. businesses here need a solution sooner rather than later. people understand that banks will probably not open on thursday or friday, they understand this situation this hiatus will continue until at least sunday think after that they want to know one way or the other. they want to know what is going to happen. so that they can get down to the task after just to go whatever new reality befalls them n term of the official sector, in terms of preparation for an exit, that is officially denied. as is any possibility of a haircut on bank deposits. but people do not always believe those official reassurances. they take them with a pinch the salt. >> john, thank you for that update. that's john there speaking us to from athens. and meanwhile hundreds of listed companies in china have stopped trading their shares on the country's two major exchange. now, they are trying to halt

recent market losses aftershocked slumped nearly 30% since june, our correspondent scott heidler has more now from beijing. >> reporter: 1300 kims have decided to top trade on the ground their stocks, this is about nearly half of the market out there here on the mainland, now this is because of something we have seen over the last three week, a steady decline in the markets here in china. $3.25 trillion has been lost since june 12th. now, again, this is something we have seen steadily over last few days but this is something we haven't seen this many companies stopping trading of their stocks. we have seen yesterday tuesday about 500 companies stop trading. today over 1300, that represents nearly half of the companies with stocks trading in the chinese market. why is this happening? two frames of thought. some believe that this could be the end of a bubble on the stock markets here in china. that's been going on for a year plus nearly 150% increase, some

believe this is the end of that. others believe it could be just a market correction that a lot of these stocks have been overvalued. address feel it could be a reaction to the slowing chinese economy. the central government has put in several mechanisms they hope prevents the slot. preventing initial companies from trading stocks. drawing way from the money still currently in the mark market. they have a funds set up with government money as well as large brokerage firms are setting up a fund to keep money in the mark. they hope these mechanisms will work. on wednesday this it hasn't worked just yet. yemen's exiled president hadi has told the u.n. secretary general that he is in favor of a humanitarian ceasefire. the u.n. envoy to yemen is still in sanaa trying to convince both sides to pause fight to go allow delivery of aid.

the u.n. says more than 21 million yemeni people need help. an estimated 100,000 people remain internally displaced in gaza i'm year on from the 50-day war with israel. more than 2,000 palestinians were killed during seven weeks of israeli bombard think. more than 10,000 were wounded the u.n. says 75% of the victims were civilians. among israelis, 66 soldiers and five civilians died. the u.n. says 89,000 gaza homes were damaged and it will cost up to $6 billion in to rebuild over the next 20 years. well, despite the huge loss of life and property the israeli government is ahead think the war was justified. paul brennan reports now from jerusalem. >> reporter: the war which lasted for 50 days in the summer of lat last year was costly both this terms of human life and economic impact. more than 70 israelis died. and more than 2,300 residents of

gaza were killed. the structural damage in gaza is estimated at nearly $8 billion. and israel says the operation cost it two and a half billion dollars. but a year on, and the is israeli government insists the war was justified and successful. >> translator: hamas has suffered the hardest blow since the day it was established. we closely follow events in the south of israel and prepare to respond with full force when we are required to do so. >> reporter: others, though, are not convinced that all of the ambitions for the war were successfully achieved. in a scathing editorial comment just this week the left leaning newspaper here described gaza as the forgotten war. and a he is ised there huh been necknegligible strategic gains lessons had not been learned victims are been forgotten.

israel says it huh two main goals for what it called operation protective edge. first to stop the rockets being fired in to israel by armed groupings in gaza. the second aim was to destroy gaza's network of tunnels. the doctor is a retired israeli kernelkerr colonelisraelcolonel now a military analyst he believes the aims remember largely achieved but at the expense of damaging headlines and international criticism. >> it did cause damn. we don't like this image. it's trying to call innocent civilians, many were killed without any doubt. 10s of thousands of civilians lost their homes. had to find some solution during the cold winter there. until now only a few houses were rebuilt. it is a major problem, we don't like it, we don't want it, but we had no other choice. there are signs of optimism, using outside i i want mediaries

israel and hamas are negotiating for for lasting ceasefire, there is deep mistrust on both sides less than 12 months it's still too soon for objective assessment of the long-term impact of the war. paul brennan, al jazerra jerusalem. let's get more now from imtiaz tyab our correspondent live for us in gas actual it's been a year, imtiaz, is gaza starting to rebuild? >> reporter: the short answer is no. i am in an area known -- which is very close to the perimeter with israel. in fact, we were at this very place during that seven-week war 12 months ago now. we came shortly after israeli tanks fired tank shells at the house and take a look. it is still in near ruins. one year on and this is the scene that we see right across

gaza. places which were once family homes completely rubble. just destruction. in fact, this was the family home where eight people were killed. and as we have been saying, these scenes are destruction are nearly everywhere you go across the gaza strip. and what that also means is that people live amongst the ruins of what was once their neighborhoods. and with me now is a resident. you were here for the entire war. you survived this war. what has it been like to live here for the past year? >> it was really difficult. like living 51 days of the war experiencing this hard rockets falling from the sky just the sound and the fact that i didn't leave my house and i stayed during the 50 days of war was really hard. and as you can see now it's like the war was yesterday. the destruction is everywhere.

people are still waiting for the rubble to be cleared. they are waiting for the construction materials. and even if they can get the construction materials due to the economic situation some can't afford to pay for this material due to the siege and the blockade imposed in gaza. so the people are really frustrated. they are waiting for some hope. and it's been one year and the situation is still the same. nothing really changed. >> reporter: you paint a very bleak picture of what it's been like for the past year. >> request. >> reporter: how do you feel about the future as a young person of gaza? >> it's also as i am living in gaza i work as a. [ inaudible ] coordinator related to the construction in gaza and i don't see any hope with this rate on -- the mechanism of construction in gaza it would take 30 years to start construction. so basically people will wait for 20, 30 years to get some of

what they already had in the past. so they need to figure out how to get the construction materials in gaza and how to give those people hope because people are waiting and also those people are waiting for the international community to intervene. for the don ors to start to fulfill their promises to gaza. that's what basically is happening in gaza. >> reporter: thank you very much. as we have been saying a very serious situation here in gaza. the people of gaza angry that so little has been accomplished in the past 12 months. >> imtiaz, thank you. imtiaz tyab reporting there for us from gaza. still to come here on al jazerra, we'll tell you why nepalese villagers are still fleeing from their homes more than two months after the devastating earthquake.

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♪ ♪ welcome back. the top stories here on al jazerra european leaders say that sunday is the final deadline for greece to secure a deal over its debt and save its he don any from collapse, an emergency summit in belgium ended without' agreement. the european central bank says it will keep greek banks afloat until the sunday deadline. hundreds of company have his stopped trading on the market in china. the market has seen 30% wiped off its value since early june, it's been one year since israel's 50-day war in gaza

began. with very little sign of recovery about 100,000 people remain internally displaced the u.n. estimates it will cost up to $6 billion to rebuild gaza over the next 20 years. let's return to our top story on the greek financial crisis with banks remaining closed until at least thursday, many businesses are struggling to cope with the cash flow problem, barnaby phillips reports. >> reporter: at the foot of the mountain, he examines his vineyard and worries about the coming weeks, his grapes are ripe ening fast you were the sun and they won't wait for greece to solve its financial problems, if they are not picked in september they will be ruined and so will he. right now he can't get money from the bank to his pay his suppliers. >> translator: time is precious, we need to make payments quickly. very soon the harvest starts and then everything needs to happen. i hope there is a solution found very soon.

>> reporter: wine is one of greece's oldest industries. he uphe inning hair tid his vineyard from his father but needs more than generations of expertise to save it now. almost everything in the vineyard is imported. the glass, these barrels come from france, even these corks come from portugal. and this shows why greece would face such a difficult time if it was kicked out of the eurozone, because evening a successful business like this one is heavily reliant on imports that would suddenly become much more expensive in greece letter the single currency. a factory on the edge of athens the machinery dates from the 1950s it's been lovelying maintained and still works just fine of this is also a family inheritance, he makes socks here just as his father did 60 years ago. but he too is dangerously reliant on banks that have been

closed for a week and a half now now. >> last week i tried to sends money a broad to by raw material but it was not possible so the materials never arrived. the market has been froze phone a week. we have not received a sing order and can't payback any of our debts or loans. >> reporter: the last five years have been difficult enough. he had already laid off 25 workers. and cut production right back. but now he and all of greece's struggling industries, are in a new and dangerous situation. barnaby phillips, al jazerra athens. at least one person has died and 18 others are missing after a boat carrying syrian migrants to greece sanction in the sea. video released by the turkish coast guard shows migrants being rescued. it's believed that 37 people were on the board when it capsized on tuesday, in the past six months more than 135,000 people from africa and the middle east are estimated to have made the perilous journey

by boat to europe. talks between six world expowrs iran in a long-term nuclear deal have missed another deadline. negotiations will now continue until the end of the week. world powers want teheran to prove that it isn't building a nuclear weapon in return for the lifting of sanctions. burundi's ruling party has won an overwhelming victory in a can't very shall parliamentary election as widely ex-pet the the opposition boycotted the polls saying the president isn't eligible for a third term. the national election commission says the ruling party wants 77 of the 100 elected seats in parliament. thousands of survivors of nepal's earthquake are now facing another phone sham 10 potential did as ter, monsoon rains are forcing people to move. >> reporter: in the headquarters colorful tents dot

the hills every bit of flat land has been occupied here. every few days another tented camp pops up nearby. he walked three days with his six children from his village. >> translator: there have been massive landslides in the neighboring villages, in our village rocks star today fall. it's no longer possible to go back to our village. >> reporter: some corrugated iron sheets are being distributed. but it's not enough to go around for you would actual most survive beneath these tarps but he says that he's not even worry about that. >> translator: 13 households are still up in our village. they haven't been able to abandon their livestock, they are looking after their fields, harvesting crops some 50, 60 action till vim immaterialers are up there. for those of us who have moved down we'll survive any to, but those in the village how will they survive the rains and landslides.

>> reporter: more than 500 people have lived niewfd this at the present timed camps living offhand out. and more are on the way. just in this district alone more than 25 hound people need to be vettel. according to the government 66,000 people from 18 ticket have to be vet the. the victory government has been told that they need to start the resettle. process by the 15th of july. >> translator: our main challenge in this insurgent is lack of resources. we have estimated the budget and the work plan six months expenses for each family will be around $3,240, including food, accommodation, clothing, electricity, water and sanitation. we need around half a million dollars for the resettlement of the total proposed population. >> reporter: the district government hopes that the budget needed will be swiftly handed over from the central emergency fund. and it is still not clear whether these people will ever be able to return home or whether they ever will.

al jazerra nepal. australia has created a new border force which will focus stopping unwanted immigrants. particularly those arriving by boat. but despite the country's stuff stance to its my grants, levels of overall immigration to australia remain relatively high. andrew thomas reports now from the town of griffith in new south wales. >> reporter: griffith, a rural town an eight hour drive up land from sydney might not sound like a particularly multicultural place, but in fact, 28% of people here were born outside australia. exactly the same proportion as for australia as a whole. and they are easy enough to find. working at a garbage on the outskirts of town, row dal foe is one of three filipinos. >> i like cricket. i like my job here. and for the cost of living is so cheaper than the city. >> reporter: the company

couldn't find people with his skills in australia. his boss is also from the philippines, visa rules required him to work in rural australia for at least two years before he could move to one of the country's big cities. >> the regional areas here in australia are not like ryne. >> ring announcer: knowledge like regional areas in the philippines where you have nothing but here you have everything you need. like the garage the hospital relies on immigrants. just one of its 16 doctors is australian born. >> i think most of the regional towns or the country towns are manned by aussie dock torque most em them. >> reporter: immigration adds 1.1% to australia's population every year, more than the birth rate and rising hive expect tajes i piped think only switzerland and norway take more immigrants among countries belonging to the organization for economic cooperation and development. when immigration to australia is generally in the news, the stories are about those the

country stops from coming in. aasylum speakers but immigration here is actually pretty high. a recent government report projected australia's population would nearly double to about 40 million in 40 years. many argue though, that that figure is still too low for a country of australia's size. he runs a food production businesses near griffith. he went to turkey to find a bee keep fore his million dollars honey business to india for fruit growing managers, foreigners do most of the fruit picking too. but he needs more. >> i just like good workers. anybody is good workers any skate, any country i like my work to be done. >> reporter: even with one of the world's highest immigration rates, australia is still one of the least density li populated countries. for that to change, immigration would need to get a lot higher still. andrew thomas, al jazerra griffith. pope francis has spoken out

against war and called on catholic to unite whenever they face persecution, he was speak on the ground the last day of his visit to he ecuador. he called on he can ba iowa do doerr to protect its rain forest which their present want to open up for oil ex-player us the pope travels to bolivia wednesday. what do you hear when you liz tone a painting? a new edges position opening up on wednesday promise people will be able to hear the paint beings and music. >> reporter: the ambassadors at the court of king henry the eighth. paint ed in 1533. listen to the music made by a violin with only three strings. it's discordant and tense reflecting the broken string in the lieutenant and the historic

tensions and the as the powerful king of england sought to break from the catholic church. >> you can feel the tension in the space, and i think it's palpable and defined with the constant shift and this hovering of sound. six musicians or sound artist were given their choice of any picture and commission today compose. electronic music by the d.j. changes as one nears the picture just as the unified form of the painting dissolved in to tiny points. the challenge for museums in this fast-paced world is to slow people down. visitors have a tendency to rush through galleries taking pictures of themselves, lacking at paintings left and right. the music makes people slow down, they look at the paintings, and see details they

wouldn't have noticed before. it would in the have been quiet at this finish lake, the natural sounds are recreated. it's. >> it's amazing because the sounds of the music force you to feel something. they force to you experience something. whether you like it or not. it's a very visceral experience. so i would love people to takeaway a kind of emotional connection with the paint that go they have been looking at. >> reporter: an american composer chose a portable ultra piece made in the 14th century. >> the music is meant to encourage you to look deeper and to look through and look down and look here we have all of the sudden a bell and for my a bell should remind you to look somewhere else. >> reporter: listening and looking. all designed to slow the visitor down. and provide a new way of seeing

art and appreciating it even more. jessica baldwin, al jazerra london. and a quick reminder too being always going to our website, aljazerra.com for all the latest news and you can also get analysis on our top stories in greece's debt crisis and the anniversary of the gaza war. i'm ali velshi "on target" tonight from the iranian capital city of tehran well, it's another day and another deadline blown. iran says it is not ready to make a deal until it gets what it wants from the west. the west says it's not making a deal until it gets what it wants from iran. the question is how closer they, they've been hearing from both sides because they were closer