glad to have you with us on this edition of "news line." it's tuesday july 14th. foreign ministers from iran and six world powers are still trying to overcome their differences and finalize a deal on iran's nuclear program. talks between tehran and the five permanent members of the un security counsel and germany are being held austria. the deadline to reach an agreement has been extended three times. the latest time limit set for midnight monday has already passed. foreign ministers from the six major powers had returned to the table earlier in the day. they discussed unresolved issues

including whether to end an arms embargo on iran. iranian foreign minister met separately with u.s. secretary of state john kerry and russian foreign minister. there were reports some foreign ministers were ready to decide on finalizing a deal but it's uncertain how soon the six ministers can hold a meeting with their iranian counter part to reach an agreement. the head of the european commission says the risk of greece has been averted. eros zone leaders offered to offer a third bailout. the terms of the deal are conditional on the government passing measures. leaders agreed at a meeting in brussels to negotiate a new bailout. they said the european nations are able to provide $95 billion but want assurance athens will carry out structural reform.

they want to put it into law by wednesday. prime minister alexis tsipras welcomed the agreement. >> today's agreement keeps greece in a state of financial ability. it gives the possibilities for a recovery. recovery. >> tsipras instructed the government for the legislation. they are scheduled to begin deliberations tuesday. supporting the legislation say it would keep greece in the eros zone and benefit the nation's future generations, but some members of the ruling party and its coalition partner are critical of the move and many citizens seem disappointed. >> translator: the people's vote against the austerity measure was not reflected in the summit. >> some leaders say a lot of work is needed to stabilize

greece's economy. >> translator: greece is facing a drastic political reform so if it carries it out. i think there is a chance to return to a growth path but it is a long way to go. >> translator: greece can stay eurozoen with the deal. greece needs to make more effort. >> the reforms include an overhaul of the pension system sales tax increase and labor market reforms. now ramine joins us and a big concern is capital controls. >> everyone is lining up at the atms and cash withdrawals have been capped.

regular banking operations depends on whether athens can secure emergency credit from the european central bank. they decided for now not to compile. following the eros zone leader agreement, they talked about the next moves and say ease their stance on emergency credit if they see structural reforms. officials at the international monetary fund are ready to work with authorities in athens and european creditors to help move things forward. now markets in the u.s. and you are popeurope leaders finally reached an agreement yesterday over a third bailout for greece. stock prices rose across europe. the dax index jumped 1.5% by the close and u.s. markets followed. shares rose for a third day with the text sector leading advance. the dow jones average and tech heavy nasdaq close up over 1%. now for more details, we go to

m mayu yohsida. >> markets kicked off the day with a strong start following the rally in europe and u.s. the nikkei is opening up 1.4% around 20,400 and topix up. we have banks like jp morgan, wells fargo announcing their numbers later today and right here in tokyo, the bank of japan will begin a two-day policy meeting later today. so investors can finally turn their focus away from greece and look at what's really happening at home and ramin, let's not forget about china. both the markets in shanghai

extended for the third treating suspension. china pushed up asian stocks broadly higher on monday and analysts i spoke to said that the panic selling period in china is likely over. so with fewer uncertainties in greece and some stability in niece chinese markets, they assume there will be modest risks in the coming weeks, ramin. >> obviously risk on trade leads to selling safe haven trades. how is that looking now? >> well, it's going to be we're seeing a mixed picture. the yen is stronger against the eros dealers are selling the eros because the greek pages dealers look at the economy, a little below yesterday's high of 137 yen. the yen is weaker against the dollar, the dollar is rallying

as market players now have renewed focus on an early retake in the u.s. following the positive elements in china. the dollar yen is changing hands above 123 yen for the first time in more than a week. for now, that's it from me. i'll be back with the morning wrap in a couple hours. that's it for me. back to you ramin. >> reporting live from the tokyo stock exchange. trade ministers from asia pacific countries have held their third line of talks aimed at forging closer economic ties but they failed to agree on tariff cuts. it was for the regional comprehensive partnership or rcep. the officials met to discuss removing terrorists. they came from 16 countries including japan, china and india as well as members of the association of southeast asian nations. new zealand and australia have

been urging cuts for a long list of items by china and india wanted the list shortened. both sides made some concessions toward 80% liberalization but remained divided on the issue. japan's minister of trade said even though the officials failed to get an agreement they were able to narrow some differences. >> translator: we were able to reconfirm our goal to conclude the negotiations by year end and set the directions for future talks, so it was a big step forward for us. >> the ministers decided to meet again next month in the capitol. a fisherman in vietnam make a big contribution to the diet and bigger one to the economy but now aiming to hook another market. they are trying to boost shipments of china to japan but finding it isn't as easy as it

looks. >> reporter: many diners at japan's sushi restaurants get tuna among anything else on the menu. managers at this fishery company in central vietnam have got their sights set on japan's lucrative sushi market. they are checking the quality of tuna that just came in. the company is taking part in the new government initiative to export export sushi grade tuna to japan. they can make a lot more money. prices in japan are a four or five time higher than vietnam. vietnamese exporters export 60%

to the u.s. in cans. to sell more fish to japan, they need to change the way they work but many don't know how. >> translator: we want to increase the number of fish we catch so we can sell them at high prices. >> reporter: local government officials turn to a japanese company for help. he rans an import business. he agreed to lend a hand. but when he imported vietnamese tuna in a trial, he found some of the meat was harmed and couldn't be used in sushi. they have been showing the vietnamese how to catch tuna the

japanese way. >> translator: if the tuna trashes about, the body temperature sores by about 30 degrees. >> reporter: the engineer says it's essential to catch the tuna gently to ensure the flesh doesn't over heat and get damaged. >> translator: teaching fisherman the skills they need and changing the way they think, that's the hardest part. >> reporter: he realized it would take time to train the vietnamese, so he decided to speed things up. he met with a japanese firm that makes fishing equipment. together, they design a device that makes it easier to catch tuna the right way. the device features a wire that beams an electric current into the lure to stun the fish and knock it out fast. that keeps the temperature down and preserves the flesh.

importantly, they make the device smaller and cheaper than those in japan. >> translator: by using this fisherman can bring in high quality tuna that way they can make more money, which will help their industry. i'm going to do my best to make this project a success. >> reporter: local officials like the idea and decided to teach fisherman how to use a device with the help of japanese engineers. >> translator: tuna has to be a very high quality. if we can meet the japanese standard we can expand exports to any country. >> reporter: fisherman in vietnam are realizing there are big opportunes in japan as long as they can change the way they work. a business style with the japan is paving the way.

>> india and pakistan signed agreements. it came during a visit by the prime minister to the central asian country. modi presided over the meeting. modi says both nations were in talks to expand connectivity between them. >> connectivity is vital for realizing the full potential of commerce between our countries. we agree to promote the international north south transport corridor. >> modi has been on a tour of the nations and russia since july 6th. he's the first indian prime minister to visit five central asian nations in one go. earlier, modi visited and agreed to expedite a national gas

pipeline project that would run through afghanistan and pakistan to india. exports say modi is aiming at securing a natural resource in the region. and that's all for business news for now. i'll leave you with a look at the regions markets. on to other stories, japanese lawmakers in a committee are debating proposed security legislation. if passed, it would expand the role of the self-defense forces and allow the country to exercise its right to collective self-defense. the governing coalition wants

the committee to hold a vote on wednesday that would allow them to send the legislation to the upper house on wednesday. >> translator: it's almost time to schedule the closing argument. this is going to be an important week. the government and the ruling parties have to come together to deal with the bill. >> lawmakers of the opposition party say they cannot accept a vote this week. >> translator: this is simply unacceptable take whatever measures necessary to stop the destruction. >> translator: we submitted our proposal last week voting only this week seems too early. it's going to be a crucial time for us. >> translator: the legislation is against the constitution. this point won't change no matter how many hours are spent debating.

>> prime minister says people in japan understand the bills better than before and he says he'll continue to explain the laws. a new nhk poll suggests a slip in support for japan's prime minister. the disapproval of the cabinet out stripped those who approved for the first time since he took office in 2012. nhk conducted the survey by phone from friday through sunday. 1,024 people responded. 41% say they support the cabinet, a drop of seven points since the last survey a month ago. 43% said they do not support the cabinet. the survey touched on the security bills now under deliberation. the legislation would enable japan to exercise the right to collective self-defense. pollsters as respondents whether they approve of the view. 32% said they do but 61% say they do not approve.

members of the government and the leaders of the ruling parties are planning to enact the bills during the current session. 18% of respondents said they approve, 44% said they don't and 32% said neither. the survey asked whether voters think lawmakers have deliberated. 8% said they do that compared with 56% who said the deliberations are insufficient. iraqi government forces and allied she ya and militia launched against islamic state fighters reportedly trying to recapture the province. >> translator: operations armed forces mobilization units, special forces federal force

and tribes are carrying out the operations or advancing toward the defined targets. we'll announce details later. >> iraqi officials say government troops and their allied forces have begun attacks against rebels in large areas of am bar province. insurgents are reportedly fighting back against the offensive with suicide car bombs and rocket attacks. government forces have reportedly closed supply root ruths to the city backed by f-16 fighter jets the that arrived on monday. german leaders decided four years ago to phase out nuclear power following the disaster

at fukushima. much of it depends on coal. >> reporter: germany has been aiming to cut co 2 emissions by 2020. by 2050 germany aims for renewable energy to provide at least 80% of the energy it uses that's a big jump from the current level of 25%. the government has been actively promoting solar, wind and other renewable energies but these energies depend largely on the weather. just a few years ago, germany depended on nuclear power for more than 20% of its output. but immediately halted operations at eight old nuclear

plants in the wake of 2011 fukushima disaster the country plans to shut down many others by the end of 2022. so the country is turning more to coal firepower generations. it can produce a stable supply of electricity. soft coal the profitable for mine operators. demand has increased in recent years. in 2013 183 million tons were mined in the country and an increase of more than 10% from 200 9. all the houses are empty and no one is living in this small town anymore because the workers will

start digging the ground over the town. to dig a new mine the operators often pay compensation to the entire population of a place like this town to get them to relocate elsewhere. cole currently accounts for over 40% of germany's total electricity production. if industries continue to ban coal at this rate officials fear they may not be able to meet the ambitious target. >> translator: if germany not meet the targets developing nor emerging nations will follow. international contributions toward global warming will collapse. >> reporter: so the government has a proposed new penalty on the operators.

those that are over 20 years old, such utilityies will need to buy extra carbon credits for their breaches or face shutting down. unions have opposed the plan. they said the government's rules were resulting in a loss over 100,000 jobs. local governments are trying to push industry under unions to shift the renewable energy but that's not easy. >> translator: there are chances for companies to be winners, the state wants you to be winners, not losers. >> translator: undecided energy policy ends up burdening workers. >> reporter: later this year the german government will announce plans to the parliament to limit cole power generation.

the country faces the challenge of meeting environmental targets and sustaining its economy. it is time now for a check of the weather. people in tokyo and japan are dealing with hot and humid weather. robert speta joins us with more. >> it doesn't look like that just yet. we're seeing temperatures continuing to rise out here actually pushing into the mid 30s for many people across much of japan over towards the korean peninsula and eastern china, as well. now there is several factors leading to this. of course, we're looking at sunny skies out here. you can see on the satellite picture but also severe areas of low pressure which are in fact contributing to the heat. to the north we have what is left moving across parts and will bring heavy rainfall out there, threat of flooding even landslides but the other factor

it's surging in that warm air from the south and that's continuing to make those temperatures rise across much of japan even back there towards the west as well. let's take a look at temperatures that were reported on monday and into parts of eastern china klooking at them surging into the 40s. this is not taking the account for heat index, as well. even over towards tokyo, a high of 34 seen there on monday. do want to mention in tokyo, unfortunately, there was several deaths reported due to heat exhaustion and heat stroke and nearly 900 people had to be taken to the hospital. the heat is definitely playing a major role for many people out here, as far as what they are up to. let's take a look at the forecast because on tuesday into wednesday, you still want to be staying cool out here in tokyo, try to stay hydrated at least inside an air conditioned building if possible. thursday it will cool off. same thing in kyoto. one of the big things we're see

thing cool off is because we have a typhoon coming. that will bring cloud cover and rainfall but unfortunately a whole slew of different problems, as well. this is down towards the south tracking off towards the north. winds 144 gusting to 216 kilometers per hour. it will entense fie making land full early morning hours on friday. one of the big things it will bring damaging winds. prepare ahead of this but i think the bigger threat is going to be rainfall. this area over through the key peninsula is known for squeezing out moisture from typhoons and some locations could see well over 300 millimeters of precipitation. let's look down south. let's change the top pick completely up here. talk about snow. let's go to video we have coming out of queens land and new south wails. a kangaroo jumping through snow.

we saw this cold snap, air mass surged in from the south and it brought some of the first snow for many people out here in two years. those are just continuing to enjoy this. it's going to linger around for a couple more days. we have another low pressure area pushing through that could bring more snow so yeah if you want to cool off here in the north, how about a little flight into mountains in southeastern australia. another low pushing through and a few hourareas popping up white stuff. quickly over here towards north america, severe weather continuing to erupt across parts of the upper midwest extending through the great lakes region that will bring the threat of tornados and large hail out of it and across much of the west things on the hot side. temperature pushing into the mid 30s and one more thing, a third named tropical storm in the atlantic formed out here. not much of an impact breezy conditions out there in the canadian maritimes.

i'll leave you with the extended forecast. and that's all for this edition of "news line." i'm

"euromaxx highlights." and here's your host, louise houghton. houghton: hello, and a warm welcome to the highlights of the past week. there's a lovely range of topics here today, so let's take a quick glance at three of the stories. "selling point," looking for new collectors' pieces at art basel;

"through the ages," an exciting new shoe exhibition that opened in london; and "heading north," "euromaxx" takes a trip to the scottish highlands. did you know that the highest price ever paid for a work of art was 265 million euros? the painting, by french artist