tv Journal PBS January 26, 2012 6:00pm-6:30pm PST
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first ♪ >> hello, and welcome to the "journal" on dw-tv. >> i am sarah kelly with the business news. >> our headlines -- the british prime minister circles the wagons for the banks, calling europe's financial transaction tax madness. >> the number of jobless in spain jumped 24%. >> and the archive for eternity. the eu unveils the next generation in internet bugs. ♪ >> date two at the world economic forum in has revealed a major rift between britain and
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the rest of europe on the best way out of the eu's crushing debt crisis. >> british prime minister david cameron has lashed out at the german-french proposal to introduce a tax on financial transactions. he criticized the entire economic management of the eurozone. >> but the german chancellor, angela merkel, is standing firm, saying there will be no more cash for the banks, but she seeks support from spain where unemployment is skyrocketing. >> they may not have been completely in step with a turned up for military honors in berlin, but german chancellor angela merkel and the spanish prime minister said they are in tune with each other on economic issues. >> i think we share a common policy. nobody is saying that cuts alone longer working hours is the important reform, and spain has
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already put in place. but they cannot be achieved solely by borrowing. borrowing is the reason why we became a target for the markets. >> the harmony contrasts with antagonistic words coming from the world economic forum in davos. british prime minister david kaman blasted the idea of a european-wide financial transactions tax -- british prime minister david cameron. >> it could cost the gdp of the european union and could reduce it by 200 billion euros. it could cost almost 500,000 jobs in force as much as 90% of some markets away from the european union. even to be considering this at a time when we are struggling to get our economy is brewing is quite simply madness. >> the rest of the eu still has the option of going ahead with the tax, but it would go against angela merkel's calls for more
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european unity when she opened the davos forum on wednesday. >> we have a correspondent in davos. we asked how the british prime minister was received by business leaders. >> well, the applause after his speech was definitely launder and louder than after the speech of angela merkel. this is no surprise, because cameron was talking about things everybody likes, things like deregulation and free markets. it was kind of a promotion for the united kingdom as well, come and invest. he invited his audience. but there was harsh criticism for the eurozone as well, which lacks the conditions for success, in his opinion. he indirectly attacked germany by demanding a bigger engagement of the ecb to exit the your bank crisis in the bigger fire wall for the eurozone. measures that the german
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chancellor denied just the day before. but cameron and merkel did not say anything new here in davos, but maybe mario draghi will when he speaks on friday. the first time as the new president of the ecb. expectations are high. politicians showed that they're not able to act, so let's see what mario draghi will bring here to davos. >> thank you for that. the cracks are starting to widen in the eurozone is fourth largest economy. spain's unemployment rate has surged even higher, the worst in the common currency and the worst in the industrialized world. to top it off, the country is expected to fall back into a recession this year. >> things are not looking good for the spanish economy. almost one person in four is out of work and the youth unemployment is running at nearly 50%. spain has the highest jobless figures in europe. in the last quarter, 24% of the
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working population where unemployed. that is half a million more than in the preceding quarter. spain's economy is shrinking to the government forecasts a drop in economic performance of 1.5%. the country is continuing to pile of debt. borrowing exceeds the eu's 3% debt limit. some severe austerity measures are madrid's only choice. the government has doubled its savings plan for next year to 40 billion euros. that may be good for brussels, but it is likely to put another damper on spain's ailing economy. >> stocks shrugged off that news from spain. they closed at their highest level in half a year on thursday. our correspondent has more from frankfurt. >> a very serious situation in spain, but these -- the country is doing better in the capital markets than portugal. traders said portugal could be the next greece, a candidate for default. you see that in the prices being
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garnered for their bonds but a portuguese bonds fell so far the deal is reached record highs, highs measured since the introduction of the euro. people here but worries like that on the back burner. they were so glad that the united states that the central bank guaranteeing record low interest rates until 2014. some of that money will flow into equities, people here hope. >> let's get a closer look at the markets. we will check on that rally in frankfurt. the blue-chip dax closed higher on the day, nearly two percentage points higher. similar gains for the euro stoxx 50. trading still under way for the dow jones industrial average. it has reversed some earlier gains. currently about 0.3% lower. the euro is little changed against the dollar, $1.3102. iran is stepping up pressure on europe following the eu
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agreement to sanction to iran by banning oil supplies as of july 1. on sunday, the iranian parliament is scheduled to debate the possibility of cutting off oil supplies to europe ahead of that deadline. tehran sees the eu's six-month phase-in for the embargo as a sign of weakness at a time when europe is already in the middle of a major crisis. the eu is iran's second largest oil consumer, behind china. the german parliament has voted to revive the country's domestic bank bailout fund. it was set up after the collapse of lehman brothers to prevent german banks from going under. the reactivated fund will have 480 billion euros at its disposal. germany has one of the strongest economies in europe, but its banks are seen as vulnerable, and some are struggling to meet new european banking authority capital requirements. eads has named new top boss.
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the parent company of airbus has named a german to take the helm in june. under his direction, airbus had record orders of 1400 airplanes last year. eads is shuffling its supervisory board. jean-claude church it will join the body. >> reports are coming in right now that a german engineer has been kidnapped in nigeria. germany's foreign ministry says it cannot yet confirm the abduction in northern nigeria, a city recently hit by a series of attacks blamed on an islamist sect. president jonathan has called on the group to identify itself and state their demands as a basis for talks with a police in nigeria said they have no information linking boko haram to the kidnapping. the arab league has renewed its
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call for the u.n. security council to take action against syria. an arab league delegation is due in new york on saturday. it will ask the council to support a peace plan, calling for president assad to step down. arab league monitors were in the suburbs of the syrian capital damascus, where security forces say many areas there are no longer under their control. the observer mission has drawn sharp criticism for failing to stop the government's 10-month crackdown on protesters. here in germany, the parliament has extended the country's military mission to afghanistan for another year. the new mandate was expected and marks the beginning of germany's planned withdrawal. the bundestag lowered the number of troops there to 4900. the last german soldier is set to leave afghanistan by the end of 2014. >> being a police officer in afghanistan may be one of the most dangerous jobs in the
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world. in the capital kabul, afghan police have officially taken over security. but sometimes there german instructors still accompany them for support. heavy for vacations' a round- trip headquarters in kabul indicate how unstable the country remains. still, the international forces are optimistic. they say the afghan army is quicker in its response is. taliban strongholds have weekend. officials say it is the right time for soldiers to start heading home. >> this picture in afghanistan will not be achieved on some battlefield with icf soldiers facing down the last remaining taliban. it will be in the villages, the valleys of afghanistan. it will be won my people, who after 30 years of war, are tired of the violence. >> as the soldiers depart, afghans are looking for political solution that includes the taliban.
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>> [unintelligible] that the world community is not -- [unintelligible] >> by 2014, they will have been in afghanistan for 13 years. still, no one can say for sure if there will be a political solution in place by the time they leave. >> german authorities are defending their surveillance of leading far-left politicians as necessary to protect democracy. 27 members of the successor party to the former east german communists or subject to scrutiny. germany's interior minister says the left party is political agenda remains a cause for concern. >> one of the politicians being monitored by germany's domestic intelligence agency is the bundestag vice president. the left party group member is also being monitored.
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german intelligence services have been keeping tabs on more than a third of left party mp's. left politic -- left party lawmakers say it undermines the trust. >> in the past few days, feedback from the voters in my constituency have shown that they are afraid. they do not know whether what they tell me will be heard by me only or whether other people will be listening in. >> according to german interior minister, the federal intelligence service has only been collecting publicly available information. but he admitted that surveillance techniques have been used by agents at the state level. >> there is evidence that the left party, or at least parts of it, want to create a proletariat dictatorship among marxist /leninist line speed you can read about this in many of their brochures and policy statements. >> he said he would double check the names on the observation list, but that has done nothing to calm the storm.
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the left party has threatened to take the matter to the country's constitution court. >> a special bundestag is set to investigate the intelligence failures that kept german police from stopping a series of murders by right-wing extremists. the move received overwhelming party support. the committee will look into just how a group of neo-nazis carried out a campaign of violence undetected for more than a decade. their attacks claimed the lives of 10 people, including a policewoman. most victims had an immigrant background. the european union is enhancing the legal framework for personal online data protection. the hope is that individuals can get a grip on controlling what is known about the mind the public domain. one reason, even after they are a race, photos, films, and personal data shared on the internet has serviced years later. another is that at the left and the risk it poses to your
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personal privacy. >> whether it is on line are signing on to a social network, you're likely to disclose personal data. this eu advertisement warns against the loss of personal privacy. the european commission is seeking to standard and europe's often confusing and contradictory regulations regarding data protection. >> i have traveled throughout europe to see who has the best regulations and standards. so i can reassure the germans to the very high standards in germany well apply to all 27 members of the european union in the future. >> their proposed reforms would give internet users more control over what happens to their data. companies would require explicit consent from users to process their data. perhaps most important, users would have the right to have photographs and other information permanently deleted. >> this provides a very good
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basis for an improved standard as a european data protection law. there are a number of things that can be approved. >> the last such eu directive dates back to 1995, when fewer than 1% of europeans used the internet. but the new proposal still requires the approval of the european parliament and a member states. >> to japan now, or the operator of the stricken fukushima nuclear power plant has reportedly agreed to a multi- billion euro government bailout. bad move that could effectively nationalize tepco. the international atomic energy agency has begun inspecting improvements made to the country's other nuclear reactors the starting with the plant here. the agency's approval is essential before dozens of nuclear plants can go back on line following the catastrophe at fukushima. we will be taking and "in depth"
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will get just a radiation continues to pose a health bank risk in japan, even outside fukushima's exclusion zone. some sports now. in golf, a german pro got off to a poor start in abu dhabi. he has won three times in his career. he finished the day five over par. there were two holes in one, including this one on the 12th. another spaniard got the other one. rory is five under par and shares the lead with a swedish player. stay with us. we're going to japan. we will be looking at this situation, especially the radiation poisoning outside of the fukushima exclusion zone. stay with us for that. ♪
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>> welcome back. it has been over 10 months now since the quake and a tsunami that devastated parts of northeastern japan and caused the nuclear disaster at the fukushima nuclear power plant. tens of thousands of people were forced to flee the area of which remains heavily contaminated by radiation, baring their return. and effects of that radiation have not been confined to the contamination at the zone. and nationwide influenza epidemic is spreading, with the number of cases in doubling per hospital. that is from a just-released report from a national health institute. some experts say the sharp increase in influenza might be tied to the immune system weaknesses that arise from radiation exposure. as we see in our next report, radioactivity has even gotten into the concrete used to build new homes for the displaced.
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>> it is a gate to another world, but the man in the protective suit is the only one going in. he represents the town here. it is located within the exclusion zone around the fukushima plant. today, it is a ghost town. his job is to monitor decontamination efforts so that people can return home as soon as possible. he has filmed his journey. a place that is cold, deserted, and dangerous. >> it is 24 micro separates here, higher than anywhere else. over there in the valley, you can see what the japanese are most concerned about at the moment, a scrap heap. contaminated material was taken out of the exclusion home and used to build housing for fukushima evacuees. >> the disaster management has provided a stream of scandals. but the japanese authorities have ambitious plans for this
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year. they want to reopen parts of the exclusion zone in spring, in the hope that things will return to normal. clean-up efforts are under way here. the workers have to decontaminate an entire village, including streets, homes, and public buildings. those efforts should help reduce radiation contamination by 80%, but there are questions as to whether it will work. this man is shows us what is being decontaminated. the community center, a day care center, a middle school, a gymnasium, and individual homes. he tells us that they clean everything with high-pressure hoses, that they cut away the plans, chop down trees, and remove the contaminated soil. security has been doubled at tepco headquarters in tokyo. dozens of police officers are on duty, alongside the nuclear
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provider's own security staff. the firm is not involved in the major work in the evacuation zone. that is the job of the japanese government and local authorities. tepco is only accepting responsibility for the fukushima plant. and on that front, it is expecting only good news ahead. at the end of last year, the firm proudly announced that the fukushima reactors have reached the stage of cold shutdown. the message was that it now has a handle on the crisis. >> there is still a lot to do, but we have reached an important stage. we had the nuclear power plant under control but the situation is stable. >> but can tepco be believed? these video images have been distorted by reactivity. for the first time, workers have successfully inserted a microscopically small camera
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inside reactor two. tepco wants to find out how much water is in the reactor core and whether the fuel rods are being kept sufficiently cool. there is little to see, but in the daily press conference, tepco presents the fuzzy pictures as a success. >> there is virtually no radiation coming from the stricken reactor is. we recently had a temporary power outage to the cooling system, but we were able to repair that quickly. we believe the people of fukushima are out of danger. >> stable, and hazardous. tokyo's nuclear power supporters said one approach from the outset. hard facts and lots of reassuring stunts. the governor of tokyo took a big bowl of water to prove that radioactivity had not seeped into the capital's water supply. the trade minister 8 tomatoes from the agreement to show that
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the regions produce was safe to eat. with an unsteady hand, the parliamentary secretary and drank decontaminated waterfront the fukushima reactor buildings. the nuclear lobby is fighting to consign fukushima to the past and a short a lucrative future for itself. 200 kilometers from tokyo is the nuclear power plant hamaoka. the facility is 40 years old and was built on a fault line with full awareness of the risks involved. hamaoka was shut down after the fukushima disaster. but in the plans information center, the benefits of nuclear energy are again on display. there are cartoons and an educational video. hamaoka's operators are pushing hard for the plant to be restarted, and they're putting new safety precautions in place, including a higher seawall and flooding prevention systems. >> through these measures, we make every effort to further enhance the safety of the hamaoka power station against
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tsunami, they're off by -- thereby reassuring a secure feeling by the public. >> our construction work will continue until the end of the year. the nuclear plant will be world class in terms of safety. >> but this journalist is also campaigning against the trivialization of the fukushima disaster. he managed to gain access to the stricken plant, disguised as a worker, for a whole month. >> you do not have far to go. the most dangerous place in the world is just two hours from tokyo by car. i wanted to see it for myself. >> he recorded his experiences with a hidden camera. and included his daily journey inside the plant, past the reactor ruins and the over full tanks of contaminated cooling water. proudly announced by tepco is
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little more than a fairy tale. >> one year later, it is supposed to look good. that is why everything was installed in such a hurry. the cooling system, everything is cheap, made of plastic hoses, almost as thin as a drinking straw. it is winter, and are plenty of leaks. contaminated water is leaking everywhere. >> the work inside the plant is grueling. it is carried out in a protective suit with a mask and helmet for four hours each day. the workers cannot stand any longer. they complained of tiredness and dizziness. they fear it is an effective the radioactivity. he says most men go through the safety checks that the interest of the checks, no questions asked. the journalist believes tepco has no serious interest in detecting radioactive particles on the workers. >> nothing is under control at
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the nuclear plant. p reactor buildings are off limits to do to deadly radiation. no one knows what it really looks like inside and what to do with the fuel rods later on. the main keep working and working, but there is no solution for fukushima. >> the government's plan for hideki we use too soon return appears curious alongside the lack of solutions. the representative tells us he is skeptical. he thinks it will be years before human beings can safely return to the ghost town. but that is not in the interest of the nuclear lobby, which is happy to talk in terms of just weeks. >> concerns about the future of fukushima's still waiting very heavily on japanese minds but thank you for joining us, and stay with dw-tv if you can. ♪
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